Chinese business to business (B2B) auto parts marketplace Haoqipei has completed with $60 million in a Series D financing round.

The funding round was led by Access Technology Ventures, the venture capital and growth technology investment arm of US-based Access Industries.

Existing investors, XVC Venture Capital, Jeneration Capital, DCM Ventures and SIG China, also participated in the round, which has brought Haoqipei's total funding raised to date to $160 million.

Haoqipei intends to use net proceeds from the financing to further accelerate the growth of its online B2B auto parts marketplace.