SPDB International has joined Bertelsmann Asia Investments in a series A4 round that took the digitalisation technology provider's overall funding to at least $139m.
China-based digital technology provider DeepExi has collected $40m in a series A4 round that included Bertelsmann Asia Investments (BAI) a corporate venturing unit for media group Bertelsmann.
The round was led by SPDB International, an investment banking subsidiary of financial services firm SPD Bank, and also featured state-backed property developer Shanghai Lingang, Chuxin Capital, Hillhouse Capital, IDG Capital, 5Y Capital and Lighthouse Capital.
Founded in 2018, DeepExi has developed software that uses big data, artificial intelligence, cloud computing and internet-of-things…
