Ucaidao has raised $40m in all having won the backing of Tencent, SoftBank, Alphabet, K11 and Agricultural Bank of China for its latest round.
China-based investment intelligence platform Ucaidao has attracted $15m from investors including corporates Tencent, SoftBank, Alphabet, K11 and Agricultural Bank of China, China Money Network reported on Thursday.
Venture capital firm DCM China led the round with additional participation from Ward Ferry, Riverhead Capital, GSR Ventures, Sequoia Capital, Lightspeed China Partners, Eastern Bell Capital, Hillhouse Capital and GGV Capital.
Telecommunications and internet conglomerate SoftBank contributed through its Vision Fund, while technology conglomerate Alphabet and financial services firm Agricultural Bank of China…
