Baird Capital Leads Series A In Used Car Auction Site Carsing

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Baird Capital, the private equity investment arm of Milwaukee-based Robert W. Baird & Co., has agreed to lead an undisclosed series A round of financing for Shanghai-based used car auction platform Carsing, according to an official announcement.

FLAG Squadron Capital and Delta Capital also participated in the round.

The proceeds will be used for Carsing’s expansion to serve China’s automotive market.

China Money Network

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