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Singapore's Temasek leads $40m funding for China cloud-tech startup

Well-Link plans to use fresh capital to develop both software and hardware

Singapore's Temasek Holdings has led a round of funding for startup Well-Link Technologies, which helps console makers and other clients with cloud tech. (Source photos by Reuters)

HONG KONG -- Singapore's Temasek Holdings has led a $40 million funding round for cloud-rendering startup Well-Link Technologies as the Chinese company pushes to expand internationally.

The Series B2 round attracted capital injections from existing shareholders, including China-focused technology venture capital firm Future Capital and CDH Venture and Growth Capital, the venture arm of the country's alternative investment major CDH Investments, Well-Link announced on Monday.

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