Hong Kong’s OneDegree Raises $28 Million in New Round of Funding

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OneDegree, a Hong Kong-based insurance technology company, raised $28 million in a new round of funding as the startup looks to expand in Asia.

Sun Hung Kai & Co. and AEF Greater Bay Area Fund took part in the series B1 round along with six existing investors, according to a statement on Monday. The latest investments take OneDegree’s total fundraising to more than $70 million.