Tencent-backed data management firm Xuncetech bags $110m from Goldman, others

Shenzhen Xunce Technology Limited (Xuncetech), a specialist in asset data management and risk control systems, announced on Wednesday that it has completed a 700 million yuan ($110 million) Series C round of financing. 

The fresh funding was co-led by Chinese asset manager CITIC Private Equity Funds Management Co., Ltd (CPE), and Taikang Insurance Group, besides returning investor Tencent Investment.

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