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Dst Closes $100 Million Series C Round

May 17, 2021over 4 years ago

Amount Raised

$100 Million

Round Type

series c

Description

DST, the largest logistics electric vehicle (EV) operations platform in China, announced the completion of its latest round of Series C funding. This round was led by Ingka Investments (part of Ingka Group), followed by SMRT Ventures, China Securities Investment Capital and existing shareholders including Bojiang Capital and Matrix Partners China. TH Capital acted as the exclusive financial advisor. The capital will be used to add new capabilities to its digital platform, expand its maintenance network and enter international markets

Company Information

Company

Dst

About

DST claims to have served nearly 4,000 clients to date.

FundzWatch™ Score

61
Medium Activity

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech