Trustbridge Partners and CS Capital led a $200m funding round in G7.

Trustbridge Partners, a mission-driven growth equity firm, and CS Capital, a real estate investment management and advisory firm, led a $200m funding round in G7, an IoT solutions provider for the traditional road freight industry. The company will use the proceeds to spruce up product R&D and service support. With offices in Beijing, Shanghai, Chengdu and Guangzhou, G7 uses IoT technologies to connect millions of trucks to match freight, trucks and drivers. It serves sectors across express and parcel, food, automobile, cement, petroleum, coal, as well as equipment and manufacturing.