Alibaba joins $33m Series B round of Germany’s KONUX

Alibaba joins $33m Series B round of Germany’s KONUX

Photo: KONUX.

Alibaba Group has participated as a new investor in a further $13 million Series B extension raised by German AI startup KONUX, which enhances rail network capacity resulting in higher train punctuality, bring the total amount raised in its Series B financing at $33-million.

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