Poly Capital led a series A-plus round for the industrial IoT technology provider Jiangxing Intelligence, which was founded by a Simon Fraser University professor.
Jiangxing Intelligence, a China-based smart industrial product manufacturer spun out of Simon Fraser University, has raised almost RMB100m ($15.2m) in a series A-plus round led by Poly Capital, an investment arm of conglomerate Poly Group, DealStreetAsia has reported.
The round also featured Lingang Ventures, the venture capital arm of state-backed property developer Shanghai Lingang Economic Development, as well as VC firms Tsing Ventures and Sequoia Capital China.
Lenovo Capital, the corporate venturing arm of electronics manufacturer Lenovo, was…
