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Trax raises US$100m to expand in China, globally
The Series D round was led by Hopu Investments, an alternative asset manager in Asia focusing on the consumer and technology sectors
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Fiona Lam
Published Tue, Jul 23, 2019 · 09:50 PM
Singapore
TRAX, a GIC-backed startup providing computer vision and in-store analytics for the retail industry, has joined Singapore's unicorn stable after closing a US$100 million investment to expand its footprint in China and globally.
The Series D round was led by Hopu Investments, an alternative asset manager in Asia focusing on the consumer and technology sectors, Trax said in a statement on Tuesday. JPMorgan advised Trax on the round.
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