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Temasek leads $50m funding in Chinese container truck fleet operator Duckbill - Vimarsana News

Temasek leads $50m funding in Chinese container truck fleet operator Duckbill

Temasek leads $50m funding in Chinese container truck fleet operator Duckbill Photo: Duckbill March 17, 2021 Singapore state investor Temasek Holdings Limited has led a $50 million new funding in the Shanghai-based container truck fleet operator Duckbill Inc, according to a company statement on Tuesday. The fresh funding, which the company claims is the largest single fundraising in the industry in China, brings the total corpus raised by Duckbill to nearly $100 million. The latest round was joined by Pavilion Capital, a Singapore-based, growth-stage venture investor that targets companies in...

China Digest: YanRong Tech, Sinovation in funding news - Vimarsana News

China Digest: YanRong Tech, Sinovation in funding news

China Digest: YanRong Tech, Sinovation in funding news February 3, 2021 YanRong Tech has closed a 120 million yuan ($19 million) funding in its Series A+ round led by Oceanpine Capital. In a separate development, NYSCPS has raised $10 million in its Series A+ round from Sinovation Ventures and others. YanRong Tech nets $19m in Series A+ China’s next-generation cloud storage solutions developer YanRong Tech has closed a 120 million yuan ($19 million) funding in its Series A+ round led by Oceanpine Capital, per a company statement on Wednesday. The Series A+ round saw the participation from S...