China Digest: Data tech startup XSKY raises $63m; Cathay Capital sets up new retail fund

China Digest: Data tech startup XSKY raises $63m; Cathay Capital sets up new retail fund

Photo by Markus Spiske on Unsplash

Chinese data infrastructure technology provider XSKY has raised 400 million yuan ($63 million) in a Series F round. Separately, Cathay Capital has teamed up with Kering, L’Oreal, and Pernod Ricard to launch a China-focused retail fund.