DeHeng Advised CNE Express on Completing Series-A Financing
2021-08-04
Recently, CNE Express announced that it raised several hundred million yuan in the A series of financing at the beginning of this year, from lead investors Eastern Bell Capital and Northern Light Venture Capital, and co-investors CapitalNuts and Dinglin Capital. CNE said that the money raised would be used for expanding domestic and overseas service network, R&D for system upgrade and talent recruitment.
The DeHeng team, with primary support from attorneys Zhang Lei, Fang Wen, Zhu Yun and Shang Shuaili, participated in due diligence, document drafting, deal negotiation, closing and other matters representing Northern Light Venture Capital. The team worked closely with each other and provided professional and efficient legal services for the client.