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K&L Gates advised Aigens raise USD14m in series A funding
K&L Gates advised Aigens raise USD14m in series A funding
K&L Gates advised Aigens, a software-as-a-service technology company, on its RMB100 million (USD14 million) series A financing.
The K&L team was headed by William Ho (Hong Kong-based partner) who specializes in cross-border mergers and acquisitions deals, private equity and venture capital, privatizations, and strategic investments.
The fundraising round was headed by Ant Group, with participation from Velocity Ventures, Phillip Private Equity, and Prizm Ventures.
Aigens, which was founded in 2012, seeks to promote the digitalization of the food and beverage industries. It launched QR code ordering in Hong Kong, Singapore, and Malaysia. The tech firm operates in 14 markets and provides services to well-known corporations like Pizza Hut, Burger King, Starbucks, Shake Shack, Haidilao and Jollibee Group.