The SIG-backed art and culture IP licensor completed a series A-plus round that will support recruitment and the expansion of its properties.
Alfilo Brands, a China-based cultural intellectual property (IP) holder backed by quantitative trading firm Susquehanna International Group (SIG), has closed a $16m series A-plus round, 36Kr reported yesterday.
Venture capital firm Sequoia Capital China led the round, which also featured investment firm Zephyr Capital. It came in the wake of a $7.5m series A round led by SIG subsidiary SIG China in August 2017 that was announced in November, valuing the company at $45m.
Founded in 2013, Alfilo has obtained…
