China-based investment intelligence platform Ucaidao has attracted $15m from investors including corporates Tencent, SoftBank, Alphabet, K11 and Agricultural Bank of China, China Money Network reported on Thursday.
Venture capital firm DCM China led the round with additional participation from Ward Ferry, Riverhead Capital, GSR Ventures, Sequoia Capital, Lightspeed China Partners, Eastern Bell Capital, Hillhouse Capital and GGV Capital.
Telecommunications and internet conglomerate SoftBank contributed through its Vision Fund, while technology conglomerate Alphabet and financial services firm Agricultural Bank of China leveraged respective subsidiaries CapitalG and ABC International.
Retail and culture mall operator K11 invested through its K11 Investment unit.
Founded in 2016, Ucaidao runs an online news and intelligence platform for investment markets.
The portal includes exclusive market news as well as training courses with input from investors and free-to-access coaching for non-professional users.
Some of Ucaidao’s output is sourced through industry partners including investment firms such as Aplus Capital, Fortune Capital and Volcanics Venture.
The company previously raised $10m and $15m in two earlier funding rounds, according to China Money Network. Full details could not be ascertained, however Sequoia, Tencent, Lightspeed, Eastern Bell, Hillhouse and GGV all backed the latest round as existing investors.