China Digest: Obio snags $28m; Cosco leads SandStone round

China Digest: Obio snags $28m; Cosco leads SandStone round

Obio Technology (Shanghai) has garnered 200 million yuan ($28 million) in its pre-C round of financing from Efung Capital. In a separate development, SandStone Data Technology has closed 150 million yuan ($21 million) Series B+ round funding led by state-owned Cosco Shipping Group. 

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