Source Code Capital and an unnamed sovereign wealth fund have provided capital for Edianzu, the IT equipment supplier backed by Lakala.
Edianzu, a China-based IT equipment leasing provider backed by payment processing firm Lakala, raised $60m on Tuesday in a series D round backed by venture capital firm Source Code Capital.
An unnamed sovereign wealth fund also participated in the series D round, which the company said increased its overall funding to RMB900m ($130m).
Founded in 2015, Edianzu leases IT and office equipment such as computers, printers and air filters to more than 20,000 corporate clients. It also offers same-day installation…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
