Leyaoyao raised a nine-digit yuan amount from investors including 37 Interactive Entertainment while Lockheed Martin and Booz Allen Hamilton contributed to AI developer Latent AI's series A round.

Funding

China-based payment technology provider Leyaoyao has secured a nine-digit yuan amount (RMB100m = $15.4m) in a series D round featuring mobile game publisher 37 Interactive Entertainment, DealStreetAsia reported yesterday. BOC & Utrust Private Equity Fund Management, Citic Securities, Guangzhou Chengtou Cankong Fund, Jinpu Wenchuang and Yuanhe Zhichuang Capital also took part in the round, which followed a $21.5m series C in February 2020 fetauring internet group Tencent, Bright Capital and GF Xinde Investment that took its total funding…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.