Linklogis Raises US$220 Million Series C Round (Asia)

Source(s): China Money Network | Author(s): Violet Tang

China-based supply chain finance and technology company Linklogis has raised US$220 million in a Series C financing round led by Singaporean sovereign wealth fund GIC. Additional participants in the round include GLP, Skyworth, China Oceanwide and Welight Capital, as well as existing investors Bertelsmann Asia Investments, Tencent Holdings, CITIC Capital and Loyal Valley Capital. Linklogis uses big data, artificial intelligence and blockchain technology to provide supply chain financing solutions to Chinese micro and small enterprises.