logo
logo

Dst Closes $100 Million Series C Round

Dst Closes $100 Million Series C Round

05/17/21, 2:04 AM
Money raised
$100 million
Round Type
series c
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 Info

Company
Dst
Additional Info
DST claims to have served nearly 4,000 clients to date.