The JD.com-backed office equipment leasing service has increased its overall funding to nearly $60m in a $22.3m pre-series B round.
Little Bear Rental, the China-based IT equipment rental platform backed by e-commerce firm JD.com, closed a RMB150m ($22.3m) pre-series B round yesterday, according to a statement on its WeChat account.
The round was co-led by government-backed investment vehicle Great Wall Fund and VC firm Fortune Venture Capital, and took Little Bear Rental’s total funding to almost $60m, the company said.
Little Bear runs a leasing service enabling offices and businesses to rent IT equipment. It also buys and sells second…
