The Bertelsmann-backed manufacturing software developer took its total funding past $110m with the close of the $77.3m round.
Black Lake, a China-based manufacturing software developer, has raised almost RMB500m ($77.3m) in a series C round featuring Bertelsmann Asia Investments, a corporate venturing unit for media conglomerate Bertelsmann. Singaporean state-owned investment firm Temasek co-led the round with investment bank China Renaissance and venture capital firm Lightspeed Venture Partners, while GGV Capital, GSR Ventures, ZhenFund…
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