HSBC Asset Management helped expand sustainability software producer MioTech's series B-plus round while quantum cybersecurity software developer QuintessenceLabs raised $18.8m in a round co-led by Telus.

Funding

MioTech, a China-based sustainability management software provider backed by financial services firm HSBC, media company TOM Group and ratings agency Moody’s, raised an undisclosed amount of series B-plus funding from HSBC Asset Management’s Financial Technology Venture Capital Fund and investment bank JP Morgan’s Asset Management subsidiary yesterday, adding to an undisclosed sum from Guotai Junan International and GIC two months ago. It had secured a total of $23m from investors including Horizons Ventures and ZhenFund as of January…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.