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Chinese RFID Developer Invengo Joins Forces With State Firm To Launch $144M IoT Fund – FintekAsia


Chinese RFID Developer Invengo Joins Forces With State Firm To Launch $144M IoT Fund


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News Source: China Money Network.

Chinese radio-frequency identification (RFID) technology and solutions developer Invengo announced on Wednesday that the company is joining forces with Chinese state-owned financial services firm, Shenzhen HTI Venture Capital, to raise RMB1 billion (US$144.50 million) for a private equity fund for investments in the internet of things (IoT) industry.

Chinese RFID Developer Invengo Joins Forces ...



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This news article comes via China Money Network, who is the copyright owner of this information and news. FintekAsia.com has licensed the rights to this article and any republication or re-distribution in whole or in part of this content is strictly prohibited without the express consent of

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