China Digest: SoftBank Ventures Asia backs Mabang; Refinable launches $150k fund

China Digest: SoftBank Ventures Asia backs Mabang; Refinable launches $150k fund

Photo: Eric Prouzet/Unsplash

SoftBank Ventures Asia has led a $30 million Series B round in crossborder e-commerce industry services specialist Mabang Software. In a separate development, Hong Kong’s non-fungible token (NFT) platform Refinable has launched a $150,000 fund for the blockchain gaming industry.