Chinese new energy vehicle rental platform raises $43m
DST, a new energy vehicle rental service platform that mainly serves logistics companies, has raised RMB300 million ($43 million) in the first tranche of a Series B round led by Bojiang Capital, with participation from Japan's Itochu Corporation.
Existing investors Qiming Venture Partners and Matrix Partners China also re-upped. Qiming previously provided RMB50 million in pre-Series A funding in 2017 and was then joined by Matrix in a RMB300 million...
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