DST raised $100M in a Series E+ funding round led by Twin Towers Ventures and existing shareholders to advance new energy logistics technology and expand global presence.
Amount Raised
$100 Million
Round Type
Series E
ShenzhenTransportationLogisticsInvestors
Description
DST, a global player in digital and intelligent operation service provider for new energy logistics vehicles, announced the successful closing of its Series E+ funding round today. The round saw participation from Twin Towers Ventures (TTV), the corporate venture capital arm of PETRONAS, along with existing shareholders. This marks DST’s second funding round in six months, following the completion of Series E funding in Q4 2023, bringing the total amount raised in the Series E round to approximately $100 million.
Quick answer
DST raised $100 Million in a Series E round, dated July 9, 2024. Investors: Petronas and Twin Towers Ventures (Ttv). DST is based in Shenzhen, Guangdong, China.
- How much did DST raise?
- DST raised $100 Million in a Series E round on July 9, 2024.
- Who invested in DST?
- Petronas and Twin Towers Ventures (Ttv) are named as investors in this round.
- What does DST do?
- Founded in 2015, DST Electric Vehicle Rental (Shenzhen) Co., Ltd.("DST", the "Company", "we"), is a leading digital intelligent operation service provider in China for new energy logistics vehicles.
- Where is DST based and how big is it?
- DST is based in Shenzhen, Guangdong, China.
- Who are the decision-makers at DST?
- Fundz holds 1 contact at DST. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Logistics around the same time
Companies in the same sectors as DST that raised within 45 days of this round, from Fundz verified event records.
- Yotuh Energy raised $182K (Angel) on August 20, 2024.
- Shadowfax raised $100M (Series E) on August 13, 2024.
- RXO raised $550M on August 12, 2024.
- PICit A/S raised an undisclosed amount on August 9, 2024.
- Onepak raised $20M (Private Equity) on July 31, 2024.
- TruckSmarter raised $50M (Debt Financing) on July 15, 2024.
Who to call at DST, and when
A new round usually means DST is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day DST raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at DST, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at DST. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment DST raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
DST raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.