Automotive electronics manufacturer Joyson Electronic has contributed to a RMB300m ($44m) series B round for China-based automotive services platform Lechebang, according to the Marbridge Daily.
Vertex Ventures, a VC firm backed by Singapore state-owned investment firm Temasek, also participated in the round, which was led by Yuanyi Investment.
The Sino-French Innovation Fund, Cathay Capital Private Equity and Sequoia Capital China also contributed funds.
Founded in 2015, Lechebang has developed a mobile app that enables users to book maintenance and after-sale…