Sixents Technology, a China-based global navigation satellite system subsidiary of technology company NavInfo, picked up RMB620m ($98m) in a series B round on Monday from investors including Tsinghua  University’s asset management arm Tsinghua Holdings Capital, according to DealStreetAsia. The round included CDH Wealth Management, Oriza Holdings’ Oriza Prior, Yufu Holding, Xinding Capital, China CITIC Bank and Pagoda Capital. Sixents previously raised $7m from telecoms firm China Telecom’s corporate venturing unit China Internet Investment Fund and Zhiwei Investment in April 2019. Internet…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.

Not sure if you have a subscription?
Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).