The home cloud design platform "Kujiara" plans to go public in the United States this year. Morgan Stanley and JP Morgan Chase have been selected as co-lead underwriters to arrange IPOs for it. The fundraising scale is expected to be US$500 million.
Kujiale will complete a new round of financing in 2020, led by Hillhouse Capital and Coatue, with a post-investment valuation of over US$2 billion. Among them, Hillhouse Capital led the D+ round of financing of Cooljiale in the second half of 2019, and Coatue entered the game for the first time.
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