China Digest: BAI leads $15m funding in Dalezhuang; Sequoia backs Lead Digital

Photo by Verne Ho on Unsplash

Construction technology platform Dalezhuang has secured over 100 million yuan ($15 million) in a pre-Series A round of financing led by Bertelsmann Asia Investments (BAI), while Sequoia China Seed Fund has led a nearly $10 million pre-Series A round for Lead Digital. 

BAI leads over $15m in funding in Dalezhuang

Dalezhuang, a cloud-computing platform for the construction industry, on Monday announced that it has secured over 100 million yuan ($15 million) in a pre-Series A round of financing led by Bertelsmann Asia Investments (BAI). 

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