Chinese bike-sharing start-up Bluegogo has raised a RMB400 million ($58 million) funding round led by domestic GP Black Hole Capital.
Zhineng Xingtong, a Shenzhen-based medical device developer, also participated in the round. The investment values Bluegogo at RMB1 billion, Gang Li, the company’s CEO, told a local press conference....
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Zhenkunhang, a China-based distribution platform for industrial products, has raised $315 million Series E funding led by YF Capital - previously Yunfeng Capital - a private equity firm co-founded by Alibaba’s Jack Ma.
Japanese logistics technology start-up Openlogi has raised JPY1.7 billion ($16.7 million) in an ongoing Series C round featuring Sumitomo Corporation.