China’s logistics EV operator platform DST snags $200m in Series D round
Summary
DST, an electric vehicle (EV) solution provider, has raised $200 million in its Series D round, per an announcement. Chinese global investment bank Taihecap served as an exclusive financial advisor for the current fundraising activity. With headquarters in China’s technology hub Shenzhen, DST focuses on green and smart EV operation and management services for logistics companies. \ The nearly 7-year-old DST, which caters primarily to the express logistics sector, offers rental services to electric trucks and vans through an omni-channel network. DST’s other shareholders include China’s largest power producer SPIC, Singapore’s SMRT Ventures, Far Eastern Horizon, among others.
Funding
Amount
$200.0M
Total raised
Date
January 17, 2022
Announcement date
Investors
-
Lead investors
Company
http://www.dstcar.com/
Funded company
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