Bertelsmann Asia Investments returned to co-lead digitisation technology startup DeepExi's series A-plus round with Sanxia Xintai Investment and GL Ventures.
China-based digital services provider DeepExi has received $50m in a series A-plus round co-led by Bertelsmann Asia Investments (BAI), a corporate venture capital vehicle for media group Bertelsmann, DealStreetAsia has reported.
The round was co-led by fund manager Sanxia Xintai Investment and GL Ventures, a VC subsidiary of hedge fund manager Hillhouse Capital.
VC firm Morningside Venture Capital, VC group IDG Capital, early-stage fund Chuxin Capital and investment management firm Lighthouse Capital filled out the round’s participants.
DeepExi produces software…
