SBCVC helped supply $46.5m for smart industrial software developer Ones while e-commerce marketplace aggregator 10club raised $40m in a PDC and HeyDay-backed seed round.

Funding

Ones, a China-based provider of industrial digitalisation software, has received RMB300m ($46.5m) in series B funding from investors including telecommunications and internet group SoftBank’s SBCVC unit, DealStreetAsia reported today. Source Code Capital, XYC and 5Y Capital also took part in the round, the last of which had joined China Growth Capital in a $6m round for the company in 2018. They both returned for a $10m round in December 2019 alongside Vision Knight Capital.

India-based e-commerce marketplace aggregator 10club…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Robert Lavine

Robert Lavine is special features editor for Global Venturing.
email Linked in