BP Ventures leads $3.6m funding in China’s R&B Technology

BP Ventures has made debut investment in China’s energy management specialist R&B

BP Ventures, the investment arm of global energy giant BP, has made a debut funding in China’s energy management specialist R&B Technology Holding Co. Ltd (R&B), according to an announcement.

BP Ventures has led a $3.6 million investment in the company as part of its Series B+ funding round, with participation of CLP Innovation Ventures, and technology-focused venture capital firm JAFCO Asia.

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