News Snapshot:
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. The company, founded in 2016, provides digital insurance products for pets, homes and businesses, according to its website . OneDegree, which received a virtual insurer license in April last year in Hong Kong, has operations...
