BEIJING -- Chinese smart hardware startup Townew Intelligent Technology has raised tens of millions yuan (tens of thousands of dollars) in a series A round led by manufacturing company Intretech, with Ocean Capital as a financial adviser.
Townew contactless waste bins automatically change bags and separate refuse

Townew Intelligent Technology produces three lineups of self-sealing, self-changing smart trash cans. (Photo courtesy of the company)
BEIJING -- Chinese smart hardware startup Townew Intelligent Technology has raised tens of millions yuan (tens of thousands of dollars) in a series A round led by manufacturing company Intretech, with Ocean Capital as a financial adviser.