SAIC Motor’s Shang Qi Capital vehicle led RT Advanced Materials’ $740m series D round while Contentsquare pulled in $600m from investors including SoftBank Vision Fund 2.
Funding
Automotive manufacturer SAIC Motor’s Shang Qi Capital subsidiary has led a RMB5bn ($740m) series D round for RT Advanced Materials, a China-based producer of materials for use in lithium-ion batteries, DealStreetAsia reported yesterday. State Development and Investment Corporation was among the state-owned groups that took part in the round, through its SDIC Unity Capital fund, and undisclosed carmakers and battery producers made up the participants.
Contentsquare, a US-based provider of digital experience analytics software, secured $400m in series F equity funding from investors including telecommunications and internet group SoftBank’s Vision Fund 2, together with $200m in debt financing, doubling its valuation to $5.6bn in the process. Sixth Street Growth led the equity portion, which also featured BPIfrance, Canaan, Eurazeo, Highland Europe, KKR, LionTree and funds and accounts managed by BlackRock, while the debt financing came from BNP Paribas, Crédit Agricole Corporate & Investment Bank, Goldman Sachs, JP Morgan…
