Tencent and Taikang Insurance Group co-led the asset data software producer's latest round with Citic Private Equity Funds Management.
China-based asset data management software provider Xunce Technology has raised RMB700m ($110m) in a series C round co-led by internet group Tencent and insurance group Taikang, DealStreetAsia has reported.
The round was also co-led with Citic Private Equity Funds Management and also featured existing backers including investment bank Goldman Sachs and Greater Bay Area Homeland Investments, while Tencent took part through subsidiary Tencent Investment.
Founded in 2016, Xunce provides asset data management software and services that leverage artificial intelligence and…
