SoftBank Ventures Asia led a $71.4m round for power-bank provider Energy Monster, whose investors already include Xiaomi.
Energy Monster, the China-based operator of a power-bank rental service, has completed a RMB500m ($71.4m) series C round led by internet and telecommunications group SoftBank, 36Kr has reported, citing multiple sources.
The corporate invested through its SoftBank Ventures Asia fund and hedge fund manager Hillhouse Capital and venture capital firm Shunwei Capital also participated in the round,
Energy Monster produces charging banks for mobile devices, providing both banks that can be fixed to tables at restaurants or cafes, and portable…
