Itochu returned to help the electric vehicle leasing service raise tens of millions of dollars, seven months after it closed a $100m series B round.
Dishangtie, a China-based rental service for electric vehicles (EVs), has closed an eight-digit dollar series C1 round that included diversified trading group Itochu, China Money Network reported yesterday.
Asian Environment Fund, a vehicle managed by investment firm Olympus Capital, led the round, which included growth equity firm Jeneration Capital.
Founded in 2015, Dishangtie operates a rental service that allows customers to buy or lease EVs on a short or long-term basis for use in logistics and delivery operations, as well…
