SHANGHAI -- China's BitRock Capital led a recent round of fundraising for OneDegree, a Hong Kong-based online pet insurance company, tapping growth opportunities in the region as the territory accelerates financial innovation.
Startups
China venture capital invests in Hong Kong pet insurance startup
Digital insurer OneDegree will use new funds to expand in regional markets
OneDegree's medical and accident protection products are aimed at covering the more than 500,000 pet dogs and cats in Hong Kong, of which only 3% are insured.
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