Fidelity backs $131m Series A for China citytech platform Venturous
Venturous Group, a Chinese smart city platform, has received $131 million in Series A funding from Fidelity, several family offices, and Benson Tan, founder of Venturous.
The family office participants come from Hong Kong, Singapore, Europe, and the US. There is a strong technology focus, with Savio Kwan, Alibaba Group's first COO, among the participants. Venturous...
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