DeHeng Advised Genilink Capital on Completing Series

A Investment of Tens of Millions in One Sight

2020-09-27

Recently, One Sight, a technical service provider for overseas marketing, announced the completion of Series A financing worth tens of millions of yuan. The lead investor was Genilink Capital.

One Sight is a SaaS service provider for Chinese brands overseas marketing. It uses big data, AI and other algorithmic technologies to help Chinese companies build and optimize their overseas marketing system, improve customer acquisition ability, increase revenue, and eventually realize the goal of global development. The company has grown rapidly in recent years: its clientele has nearly tripled in numbers since the beginning of this year, and  before this round of financing in place, this year it has achieved more than three times the revenue of last year.

The lead investor Genilink Capital focuses on venture capital investment in industry digitalization reconstruction and in the TMT hard technology area, firmly invests in innovative tech enterprises, closely tracks emerging growth points related to digital technology in various industries, and strives to provide the best support for the most quality entrepreneurs working with them to create the greatest possible long-term success.

As the legal counsel for this project, the DeHeng team was led by partner Zhang Lei, with primary support from lawyers Fang Wen and Shang Shuaili. They provided whole-process services including due diligence, design and demonstration of the deal structure, and drafting, reviewing and negotiation of deal documents. With a focus on emerging industries such as artificial intelligence, big data, medical and health care, TMT and cutting-edge manufacturing, DeHeng lawyers will leverage their rich project experience and industry resources accumulated over the years, and the service ability to conduct swift and insightful professional research, and continue to provide high-level legal services to more clients in the future.