Chinese supply chain financing platform Jiangsu Yincheng Network Technology Co Ltd has raised 500 million yuan ($76.3 million) in a Series C round led by GL Ventures and DCM.
Other investors include Nanjing Yang Zi State-Owned Investment Group and Nanjing Jiangbei New Area Sci-Tech Investment Group. Existing investors Tangzhu Capital, Huagai Capital, and Matrix China Partners continued to back the new round.
