China-based digital contact platform Jiatui Technology has secured RMB168m ($26.2m) in a series A round that included e-commerce group JD.com and its financial services affiliate, JD Finance, Technode has reported.
Venture capital firm Sequoia Capital China, VC group IDG Capital, investment firm GX Capital and Qianhaimu also took part in the round.
Founded in 2017, Jiatui has created a digital business card system intended to be more reliable than traditional cards.
Proceeds from the round, which represents the company’s first external funding, will fund research and development while RMB100m of the cash will subsidise adoption of the platform by Jiatui’s corporate clients.