New investor Xiaomi and existing backer Nio Capital helped the charging and refuelling services provider take its total funding past $360m.
China-based charging services provider Newlink has secured up to RMB900m ($129m) in series D funding from investors including consumer electronics manufacturer Xiaomi and electric carmaker Nio, DealStreetAsia reported yesterday.
Investment banking firm China International Capital Corporation led the round through private equity unit CICC Capital. It also featured Korea Investment Partners and Yuyue Capital while Nio participated through corporate venturing subsidiary Nio Capital.
Newlink operates several energy-focused services including Tuanyou, an app that connects users to a network of 20,000…
