Temasek leads $77m Series C round for Chinese SaaS startup Black Lake

Temasek leads $77m Series C round for Chinese SaaS startup Black Lake

Source: Black Lake Technologies

Black Lake Technologies, a Chinese Software-as-a-Service (SaaS) startup that develops data-driven collaboration solutions for the manufacturing industry, has raised nearly 500 million yuan ($77.1 million) in a Series C round of financing led by Singapore state investor Temasek.

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