Asia
DL Holdings-Backed ARTi Raises $1.5 Million in Pre-A Funding Round
DL Holdings (HKG:1709) said C Capital AI agreed to invest $1.5 million in ARTi Holding through a pre-A funding round, according to a Thursday Hong Kong bourse filing.The investor will subscribe for 500 new Class B shares, implying a pre-money valuation of $30 million for the artificial intelligence investment research platform.Following the transaction, DL Holdings' stake in ARTi will be diluted to about 47.6% from 50%.
HKG:1709
