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ForwardX Nabs $10M In Financing Round Amid Smart Luggage Push

PYMNTS

The bag that tags along, you might call it. The maker of the bag that tags along? ForwardX is based in Beijing, and has marketing efforts based in San Jose, California. Flush with cash. News came Monday (June 4) that ForwardX Robotics has raised $10 million, with an eye on bringing the Ovis suitcase to the masses.

Finance 40
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Big Plays Push Investments & RedKix Grabs $17 Million In Seed Funds

PYMNTS

billion price tag represents a hefty profit for Apax, which bought Epicor for $1 billion.
. Much further down the totem pole appears Qufenqi, which, backed by Ant Financial, grabbed $449 million in for a pre-IPO investment backing from Beijing Phoenix Wealth Holding and Hangzhou Liaison Interactive Information Technology.