Temasek backs China industrial SaaS player
Temasek Holdings has led a RMB500 million ($77 million) round for Black Lake Technologies, a China-based software-as-a-service (SaaS) provider for manufacturers.
Existing investors including Huaxing Growth Capital, Lightspeed China Partners, GSR Ventures, Bertelsmann Asia Investments (BAI), GGV Capital, and ZhenFund re-upped. Black Lake received angel funding...
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