SIG leads Series B-plus for China car-sharing platform Togo
Chinese car-sharing platform Togo has received millions of US dollars in an extended Series B funding round led by Susquehanna Asia Investment (SIG), with participation from ZhenFund and Crescent Point. It takes the company’s total funding since inception to around RMB500 million ($72.8 million).
Togo previously received RMB10 million in seed capital when it launched in 2015 and a RMB22 million investment from Tuopu Fund the following year. ZhenFund participated in a RMB40 million round in April...
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