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Kion Group and Prosperity7 Ventures led a $100m Series C funding round in Quicktron.

Synopsis

Kion Group, a German warehouse equipment maker, and Prosperity7 Ventures, a boutique investment-consulting firm, led a $100m Series C funding round in Quicktron, a Chinese smart logistics firm. The round was joined by China Creation Ventures. The funds will be used for technical upgrading. The tech firm started building its robot manufacturing factory in Shanghai.

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