Creo Capital and Legend Capital helped energy storage system developer MS Energy raise an eight-digit sum while Truora and Medfin each received $15m in corporate-backed rounds.

Funding

China-based energy storage technology developer MS Energy has raised ‘tens of millions of dollars’ from investors including conglomerate NWS Holdings’ Creo Capital subsidiary and Legend Capital, the venture capital firm spun off by conglomerate Legend Holdings, across series B and B-plus rounds, DealStreetAsia reported today, citing a company statement. Creo Capital and Legend Capital joined Source Code Capital in the series B while GGV Capital contributed to the latter round.

Propel, the venture capital vehicle formed by financial services…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.