China Digest: XSKY nets $45m; State-owned CCB backs iMotion

China Digest: XSKY nets $45m; State-owned CCB backs iMotion

XSKY (Beijing) Data Technology has garnered a total of 320 million yuan ($45 million) led by China state-owned Capital Venture Fund, while iMotion Automotive Technology (Suzhou) has raised funding from CCB International’s sub-fund.

XSKY nets $45m in Series D round 

XSKY (Beijing) Data Technology has garnered a total of 320 million yuan ($45 million) in a Series D round of financing led by China state-owned Venture Capital Fund, a joint fund set up by China Reform Holdings Corporation, Postal Savings Bank of China, China Construction Bank and Shenzhen Investment Holdings. 

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