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21 Private Equity Investment and Financing Weekly Report (7.8-7.14): CoreDrive Technology completed 1 billion yuan in strategic financing, and Huamei Haolian completed nearly 100 million yuan in Series C financing

2024-07-15

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As the new week begins, let’s take a brief look back at the investment and financing transactions disclosed last week.

Among the newly disclosed financings in the consumer service sector, two financings were completed in the home furnishing sector and one financing was completed in the agriculture sector. Xinyi Technology completed its first round of financing, led by Hydrogen Innovation Industry and Finance.

Among the newly disclosed financings in the pharmaceutical and health sector, medical devices completed 3 financings, biopharmaceuticals completed 3 financings, and medical information technology completed 1 financing. Tingsheng Technology completed its C round of financing, invested by Jingming Capital; Huamei Haolian completed a nearly 100 million yuan C round of financing, invested by Amiba Capital.

Among the newly disclosed financings in the technology and manufacturing sectors, multiple financings were completed in the fields of advanced manufacturing and artificial intelligence. CoreDrive Technology completed a strategic financing of RMB 1 billion, invested by Yizhuang State Investment; Qinghe Jingyuan completed a round B financing of over RMB 300 million, invested by Shenzhen Capital Group.

According to incomplete statistics from 21 Ventures, there were 29 financing events in the domestic primary market from July 8 to July 14 during the reporting period. Among them, 22 financing events disclosed the financing amount and currency information, with a total scale of more than RMB 2.15 billion.



01. Multiple financings completed in the field of advanced manufacturing

This week, the advanced manufacturing segment completed 16 financings with a financing amount of over RMB 1.86 billion. The medical device, artificial intelligence, and biopharmaceutical segments each completed 3 financings, among which the medical device segment raised over RMB 100 million.



02. Jiangsu Province, Shanghai, Zhejiang Province, and Guangdong Province completed multiple financings

Judging from the geographical distribution of disclosed investment-receiving enterprises, this week's financing areas were mainly concentrated in Jiangsu Province, Shanghai, and Zhejiang Province, which completed 8, 6, and 5 financings respectively.



03. Which investment institutions are more active?

In terms of institutional investment activity, Shenzhen Capital Group, Hillhouse Capital and Yizhuang Investment were relatively active this week, completing two financings each, mainly in the field of technology manufacturing.



The following is a summary of investment and financing information: Consumer Services

Zhuangyijia received 10 million pre-A round of financing, invested by Hanow Fund

On July 8, Xiamen Zhuangyijia Network Technology Co., Ltd. (Zhuangyijia for short) received 10 million yuan in Pre-A round financing from Hanow Fund. Zhuangyijia is an enterprise mainly engaged in software and information technology services, dedicated to providing decoration platform information resources to reduce the middlemen's profit-making process. After this round of financing, Zhuangyijia will be able to accelerate the realization of its business planning and development goals and provide customers with better services.

Zhuangyijia was founded in 2017. In the field of home decoration, it is technology-driven and provides complete end-to-end solutions, including design, on-site installation and after-sales services.

Xinyi Technology completed 30 million yuan angel round financing, led by Hydrogen Innovation Industry and Finance

On July 9, Hangzhou Xinyi Technology announced the completion of a 30 million yuan angel round of financing, led by Hydrogen Innovation and Financing (Hangzhou) Supply Chain Development Co., Ltd. The funds will be mainly used to accelerate the research and development of Jingyipai smart terminals, as well as the layout and investment in new markets, especially to occupy the high ground of the smart towel machine category.

Xinyi Technology was founded in 2022. It is a smart towel dispenser R&D and operation company that focuses on the R&D, deployment and operation of smart towel dispensers. Its main product is the Jingyipai smart towel dispenser, which has been deployed in hot pot restaurants, hotels, billiard rooms, scenic spots and other scenarios.

Maize Yufeng completed a Pre-A round of financing of 10 million yuan, with investment from CITIC Agricultural Industry Fund

On July 12, high-tech crop breeding company Maize Yufeng completed its Pre-A round of financing, with an amount of tens of millions of yuan. This round of financing was invested by CITIC Agricultural Industry Fund and Chaosheng Capital, and Qianyue Capital served as the exclusive financial advisor. Previously, Maize Yufeng received a tens of millions angel round investment from IDG Capital.

Maize Yufeng was established in Beijing in 2021. According to Zhang Changzheng, the founder of Maize Yufeng, the company is market-oriented, collects and screens high-quality germplasm resources in the world, and quickly creates new DH germplasm variations. It is currently a high-tech breeding research and development company in China with the largest number of high-quality original and innovative germplasm resources. Maize Yufeng focuses on improving breeding efficiency through big data-driven and molecular design breeding, and creating an efficient breeding platform based on big data and advanced biological breeding technology.

medical health

Xinzeyuan completes over 100 million RMB in Series B financing, led by Qiming Venture Partners

On July 8, Hangzhou Xinzeyuan announced that it had completed a round B financing of over 100 million yuan. This round was led by Qiming Venture Partners and followed by Paradise Silicon Valley. The funds will be mainly used for upstream core technology research and development and production base construction.

Founded in 2015, Xinzeyuan is a manufacturer of key precision components and medical endoscope consumables, focusing on providing CDMO and CRO services to a wide range of medical device brands.

Fengzhi Medical completed pre-A round of financing, Yuanming Xinzhaoyuan Fund exclusively invested

On July 8, Suzhou Fengzhi Medical Technology Co., Ltd. ("Fengzhi Medical") recently announced the completion of its pre-A round of financing, which was exclusively invested by Yuanming Xinzhaoyuan Fund. The financing funds will be used for the clinical advancement of its first product, Sperstent® peripheral stent, and the continued research and development of subsequent innovative pipelines. Xiqiao Capital served as the exclusive financial advisor for this round of financing.

Fengzhi Medical was established in September 2022. It has internationally leading independent intellectual property rights and innovative technologies. The core team has been deeply involved in the field of vascular intervention for many years and has rich experience in product development, production processes and quality control of implantable devices. The company focuses on unmet clinical needs and is committed to providing patients with innovative technologies and platform solutions in the field of peripheral vascular intervention.

BitoBio completed its Series A financing, with Lingang Blue Bay Fund as the sole investor

On July 9, Shanghai Bito Biotech successfully completed its Series A financing, which was exclusively invested by Lingang Blue Bay Fund. The funds will be used to promote the industrialization of existing products and accelerate large-scale production and market promotion.

Founded in 2022, Bio-Tech is a developer of biopharmaceutical filtration technology and materials, focusing on providing leading virus removal filtration solutions to the biopharmaceutical industry to ensure the purity and safety of the drug production process.

Tingsheng Technology Completes Series C Financing, Invested by Jingming Capital

On July 10, on July 11, 2024, Jiangsu Tingsheng Technology Co., Ltd. announced the completion of its C round of financing. The financing has not been disclosed. The investor in this round is Jingming Capital. The company's current products under development include two-dimensional intracardiac ultrasound imaging system, 4D intracardiac ultrasound imaging system, ultrasound three-dimensional mapping system, ultrasound energy therapy system, etc.

Tingsheng Technology was founded in 2007 and completed its angel round of financing led by Titanium Capital in December 2020; in June 2021, it completed its Pre-A round of financing led by Nuoyu Capital and followed by Titanium Capital.

Yuesai Biotech completed tens of millions of RMB in A+ round financing, with investment from Guoke Venture Capital

On July 12, Shanghai Yuesai Biotechnology Co., Ltd. (Yuesai Bio), a company dedicated to the development of pluripotent stem cell drugs, completed another round of A+ financing of tens of millions of yuan after completing a round of A financing of over 100 million yuan in April this year. This round of financing was participated by Guoke Venture Capital, and the funds will be mainly used to promote the company's innovative pipeline in the field of stem cell therapy and accelerate clinical transformation.

Yuesai Bio was founded in June 2021. Since its inception, Yuesai Bio has been committed to developing a new generation of cell therapy drugs based on human pluripotent stem cell technology, and its pipeline covers Parkinson's disease and other neurodegenerative diseases. The company has its own independently developed human pluripotent stem cell innovative technology platform, including neural differentiation technology, SISBAR lineage tracing technology, stem cell gene editing technology, and GMP-level human iPSCs construction.

Zhuiyuan Medical completed an angel round of financing of tens of millions of yuan, led by Kellytech Medical and Zhang Ke Hemiao Fund

On July 12, Zhuiyuan Medical Technology (Shanghai) Co., Ltd. ("Zhuiyuan Medical" or "the Company") completed an angel round of financing of tens of millions of yuan. This round of investment was jointly led by Shanghai Kellytech Medical Technology Co., Ltd. ("Kellytech Medical") and Zhangjiang Life and Health Industry Incubation Angel Fund ("Zhangke Hemiao Fund"), and followed by Huayi Capital. The funds raised will be mainly used for the company's development of cell therapy products for lumbar disc degeneration, and will inject strong momentum into the company's future sustainable development.

Founded in 2021 and located in Zhangjiang Science Park, Zhuyuan Medical is a start-up company that develops innovative cell therapies based on fibroblasts, focusing on unmet clinical needs and bringing benefits to patients. The company's core pipeline "FibroCell Human Fibroblast Injection" has completed IIT clinical studies in multiple dose groups, demonstrating sufficient safety and clear effectiveness.

Huamei Haolian completed nearly 100 million yuan in Series C financing, with investment from Amiba Capital

On July 13, Huamei Haolian officially announced the completion of its C round of financing. The investors in this round of financing include Amiba Capital, Ventech China Silver Titanium Capital and Fengqiao Capital, etc., and the financing amount is as high as nearly 100 million yuan. The funds raised in this round of financing will be mainly used for the research and development and market promotion of services and products, as well as the upgrading and construction of artificial intelligence digital medical and health service platforms.

Founded in 2020, Huamei HaoLian has provided artificial intelligence digital medical and health services to more than 30 million end users. Based on artificial intelligence digital technology, Huamei HaoLian has established business cooperation relationships with nearly 100 domestic medium and large insurance institutions and nearly 80 banks and enterprises.

Technology and Manufacturing

Boundary Intelligence received nearly 100 million yuan in Series A financing, with Cornerstone Capital investing

On July 8, Shenzhen Boundary Intelligent Control Technology Co., Ltd. received nearly 100 million yuan in round A financing. The investors in this round of financing are Cornerstone Capital, Nanshan Zhanxin Investment, and Beihang Investment. The old shareholder Puhua Capital made additional investment, and ChinaVenture Capital served as financial advisor. This round of financing will be used for the company's airworthiness system construction and continuous product research and development.

Bianjie Intelligent Control was founded in 2020 and has completed three rounds of financing. Its shareholders include Sequoia China Seed Fund, Oriental Fortune Capital, Puhua Capital, ANZ Capital, SME Venture Capital and other well-known institutions. Bianjie Intelligent Control is very determined that eVTOL applied to urban air traffic is the development direction of the aviation industry, and flight control is one of the most core subsystems.

Luyuan Technology completed an angel round of financing of tens of millions of yuan, led by Zhongke Chuangxing

On July 8, Shanghai Sulfur Technology Co., Ltd. announced that it had successfully completed an angel round of financing worth tens of millions of yuan. This round of financing was led by Zhongke Chuangxing and followed by Gezhi Capital. The financing funds will mainly be used to support the technical scale-up verification of the pilot line of sulfurized polyacrylonitrile cathode materials and the development of new sulfur-based battery systems.

Shanghai Sulfur Yuan was established in 2023. It is a new energy technology company based on the transformation of scientific research results of Shanghai Jiao Tong University. It is determined to become a leader in new energy materials and high-energy batteries to safeguard national energy security. The company focuses on developing low-cost, high-performance SPAN cathode materials without transition metal resource restrictions, and applies them to intrinsically safe energy storage and power sulfur-based batteries.

Jiuke Information completed a B1 round of financing of tens of millions of yuan, led by Nova Capital

On July 8, Jiuke Information completed a B1 round of financing of tens of millions of RMB, led by Nouva Capital and followed by old shareholder Shenzhen Capital Group and Southford Capital. The company was rated as Shenzhen's "specialized, sophisticated and innovative small and medium-sized enterprises" this year. Since its establishment, the cumulative financing amount has reached 100 million RMB. This round of financing will be used for product research and development, sales market development, management and operations, etc.

Jiuke Information incubated the innovative "RPA+AI" project within China Merchants Group and started independent development in September 2020. Based on cloud-native architecture, the intelligent automation platform developed by Jiuke Information integrates technologies such as "RPA+AI+low code+process mining", providing enterprises with a series of "digital technology foundation" solutions such as rapid digital transformation.

Qinghe Jingyuan completed over 300 million yuan in Series B financing, with Shenzhen Capital Group investing

On July 8, Beijing Qinghe Jingyuan Semiconductor Technology Co., Ltd. (hereinafter referred to as "Qinghe Jingyuan" or "the Company"), a semiconductor heterogeneous integration technology company, announced the completion of its latest round of financing, with a financing amount of over 300 million yuan. Investors include Shenzhen Capital Group, Yuanzhi Spark, and Xinpengwei, and old shareholders Zhengwei Capital, Xindongneng, and Tianchuang Capital continue to support it.

Qinghe Wafer was established in 2020. This round of financing will be used for the construction of advanced bonding equipment and bonding substrate production lines. As one of the few semiconductor companies in the world that has mastered a full set of advanced semiconductor materials and heterogeneous integration technologies, Qinghe Wafer is committed to providing cutting-edge technologies and solutions for wafer-level material heterogeneous integration, advanced packaging, ultra-precision processing and other fields.

Pacos Laser completes over 10 million RMB Series A financing, with Changlei Capital as the sole investor

On July 8, PulseX Laser, a rising star in the field of ultrafast lasers, recently completed a financing of over 10 million yuan. This round of financing was exclusively invested by Changlei Capital.

Parkes Laser was founded in 2020. As a representative of the cutting-edge direction of today's science and technology, ultrafast lasers play an important role in many industries. For example, in the field of material processing, ultrafast lasers can achieve high-quality cutting, drilling and etching of various brittle materials with their ultra-short pulse width and extremely high peak power, and almost no heat effect, ensuring the accuracy and integrity of the processed parts. They have an irreplaceable position in industries such as electronic device manufacturing and semiconductor processing.

Suzhou Kaierbo completed a Pre-IPO round of financing of hundreds of millions of yuan, with Shangqi Capital investing

On July 8, Suzhou Kaierbo Technology Co., Ltd. (hereinafter referred to as "Kaierbo") completed a Pre-IPO round of financing worth hundreds of millions of yuan, and Shangqi Capital participated in this round of financing.

Founded in 2006, KAIERBO is a high-tech enterprise mainly engaged in the research and development, design, production and sales of non-metallic welding equipment, automotive interior covering equipment and related molds. With years of research and development accumulation, the company has formed a rich non-metallic welding technology route in the field of non-metallic welding, including ultrasonic, vibration friction, hot melt, hot plate, infrared, laser, hot air, thermal radiation, etc., and provides "one-stop" non-metallic welding solutions according to customer needs.

Meishangjie received tens of millions of yuan in Series A financing, led by Jiusong Shanhe

On July 9, Jiangsu Meishangjie Biotechnology Co., Ltd. announced that it had received a round A financing of tens of millions of RMB. This round of financing was led by Shanghai Jiusong Shanhe, followed by Zhangjiagang Jinxin Capital and Zhangjiagang City Fund Zhangchuangtou. The funds from this round of financing will be used for product research and development and market expansion.

Since its establishment in 2021, Meishangjie has been deeply engaged in the field of genetic engineering synthetic biotechnology, committed to bringing consumers safer and more effective skin care and medical beauty products through technological innovation. The company started laboratory research and development work in 2018. After two years of unremitting efforts, it was officially established in 2020 and successfully applied for relevant patents.

Huayi Ningchuang received tens of millions of Pre-A+ round financing, with Oak Investment as the sole investor

According to news on July 9, the scientific instrument company "Huayi Ningchuang" has received additional investment in the Pre-A and Pre-A+ rounds from Oak Investment in the past two years, with an investment amount of tens of millions and a cumulative financing of nearly 100 million yuan. It is a national high-tech enterprise. At the beginning of its establishment, it received an angel round investment of over 10 million yuan from Huayuexing.

Huayi Ningchuang was established in Ningbo in 2015. It is the first achievement transformation enterprise of Ningbo University implemented in accordance with the national "New Achievement Transformation Law". It is mainly engaged in independent innovation, industry-university-research cooperation, achievement transformation and industrial application promotion of high-end intelligent instruments and devices in public safety, medical testing, food safety and other related fields. It features original direct ionization mass spectrometry technology and picoliter electrospray mass spectrometry technology, and develops differentiated mass spectrometer products.

Energe Digital Completes Series A Financing, Led by Puhua Capital

On July 9, Energe announced the completion of its Series A financing, led by PwC Capital. The proceeds from the financing will be mainly used for the in-depth research and development of distributed energy storage products and the expansion of the global market.

Founded in 2024, Energize (Cangnan) focuses on distributed digital energy products and solutions. By integrating power electronics and digital technologies, relying on world-class quality control systems, a strong supply chain and perfect after-sales service capabilities, the company provides customers with products and solutions in the industrial, commercial and household fields, thus establishing a unique competitive advantage in the market.

Yitan Digital Technology Completes Series A Financing, with National Energy Green and Low-Carbon Development Fund as the Exclusive Investor

On July 9, EasyCarbon announced the completion of its Series A financing, which was exclusively strategically invested by Beijing Guoneng Green and Low-carbon Development Investment Fund (Limited Partnership). The funds raised will be used for the advanced research and development and global layout of carbon quantification industrial software and China's high-quality local carbon footprint background database, accelerate the integration and application of AI digital intelligence technology in industrial vertical scenarios and international connection and mutual recognition, and export the leading digital carbon data comprehensive solutions in the industrial field to the global market.

Founded in 2017, Yitan Shuke is an Internet company focusing on cloud computing for carbon emissions data quantification in the industrial manufacturing industry. It is committed to using the architecture and means of the industrial Internet to provide the industrial manufacturing industry with fast, efficient and accurate quantitative services related to organizational carbon emissions and product carbon footprint.

Laiden Cryogenics completed tens of millions of yuan in angel round financing, with investment from Qifu Angel Private Equity Venture Capital

On July 10, it was reported that "Leiden Cryogenics" has recently completed an angel round of financing of tens of millions of yuan. The investors in this round of financing are Shenzhen Qifu Angel Private Equity Venture Capital and Ningbo Angel Guidance Fund. The funds are mainly used for the development of liquid hydrogen zero-evaporation storage tanks, liquid hydrogen generators, and superconducting liquid hydrogen energy storage DEMO prototypes as well as the expansion of the team.

Founded in 2020, Leiden Cryogenics is an innovative technology company focusing on the research and development and application of ultra-low temperature and superconducting technologies in the high-end equipment for the production, storage and transportation of hydrogen energy. The company relies on well-known domestic universities and laboratories for scientific research and technology transformation. In terms of business layout, Leiden Cryogenics is conducting patent layout and product development in the fields of cryogenic refrigerators, liquid nitrogen generators, liquid hydrogen generators, liquid nitrogen zero evaporation storage tanks, liquid hydrogen zero evaporation storage tanks, liquid hydrogen large-scale storage and transportation technology, and liquid hydrogen energy storage technology.

Xinsino completed a round of A financing of hundreds of millions of yuan, and CICC Private Equity Fund jointly invested

On July 10, it was reported that the domestic overhead crane system supplier "Xin Shinuo" completed a round A financing of several hundred million yuan. This round of financing was jointly invested by CICC Private Equity Fund, Yizhuang State Investment, Gobi Greater Bay Area, Xingong Shares and other institutions, and followed by old shareholders such as Su Gaoxin Industrial Investment and Su Gaoxin Financial Holdings. Yunxiu Capital served as the exclusive financial advisor for this round of financing and will continue to provide services for subsequent financing.

Xinsino was established in October 2022, led by Siasun Robotics, SMIC Juyuan, Novartis Capital and other industrial capitals, with business covering three major fields: semiconductors, LCD/OLED panels and new energy. This round of financing will mainly be used for the iterative R&D and mass production of the fifth-generation overhead crane and the talent gradient construction of the R&D team.

Cross-border Cube completes tens of millions of yuan in Pre-A round of financing, and Zi Niao Browser invests

On July 10, Cross-border Magic Cube, a foreign trade customer acquisition software service provider, announced that it had completed tens of millions of yuan in Pre-A round of financing, with Zi Niao Browser as the investor. The funds will be used for market expansion and AI application research and development.

Cross-border Magic Cube was established in August 2021. With the construction of overseas business database as the core, it provides one-stop customer acquisition services for domestic and foreign trade B2B cross-border e-commerce companies. It has received investments from Hugo Cross-border, High-quality Capital and Blue Ocean Zhongli Capital. At the beginning of 2023, Cross-border Magic Cube was officially launched. At present, its foreign trade enterprises and user registrations have exceeded 100,000, and its paying users have exceeded 10,000. It began to make profits in February this year.

Hangzhou Westlake Interactive completed A+ round of financing, with Shengmei Qiming as the investment partner

On July 10, Hangzhou West Lake Interactive completed a new round of financing, with Shengmei Qiming as the investor.

Founded in 2023, Westlake Interactive is a developer of intelligent interactive robots. It focuses on the research and development of original and cutting-edge technologies in the fields of intelligent interactive robots and flexible robots, and is committed to exploring various advanced equipment that are conducive to improving the level of human-computer collaboration.

Lingpao Microelectronics Completes Pre-A Round of Financing of Over 100 Million Yuan, Led by Xinshang Capital

On July 11, the automotive communication chip and solution manufacturer "Lingpao Microelectronics" announced that it had completed angel and Pre-A financing totaling over 100 million yuan. At present, Lingpao Micro has launched the first chip in the first generation of series products. The company is currently promoting the market, mass production and stocking the first chip, promoting in-depth cooperation with first-tier host manufacturers, and starting the planning and pre-research of subsequent products.

Founded in early 2023, Lingpao Microelectronics is a chip and solution design company in the field of automotive communications. With the changes in the body architecture and the acceleration of SDV demand, the market demand for high-precision positioning and stable transmission capabilities inside and outside the car continues to increase. At the same time, there are still many technologies, standards, and wiring harnesses in the body domain communication, which hinders the evolution of EE architecture. Although automotive Ethernet technology is committed to the unification of standards and protocols, there is still a long way to go. The demand for multi-interface and multi-protocol exchange will continue to exist and even intensify.

Chengdu Kuntengtech completed angel round financing, with investment from Inno Angel Fund

On July 11, Kuntengtech (Chengdu) Technology Co., Ltd. (hereinafter referred to as "Chengdu Kuntengtech") announced the completion of its angel round of financing. Investors include Inno Angel Fund, Ceyuan Capital, Chengdu Science and Technology Investment, Panlin Capital, Pengrui Investment, etc.

Founded in April 2022, Kunteng Tech is focused on developing the next generation of electric drive systems for new energy vehicles. With its original dynamically configured electric drive technology, the company develops software-definable intelligent multi-phase electric drive systems, significantly improving the power density, energy efficiency and reliability of electric drive systems, and providing new energy vehicle companies with more efficient, compact and reliable power solutions, as well as the ability to continuously reduce costs and increase efficiency.

Ruitai Micro completed nearly 100 million yuan in Series B financing, led by Shunxi Fund

On July 12, Ruitai Micro (Beijing) Electronic Technology Co., Ltd. (hereinafter referred to as "Ruitai Micro") announced that it had completed two rounds of financing, A+ and B, in the past six months, totaling nearly 100 million yuan. The A+ round was invested by GAC Capital, and the B1 round was led by Shunxi Fund under Beijing Guoguan, and jointly invested by Guohai Ruicheng Xinche Liandong Venture Capital Fund.

Founded in 2021, Ruitai Micro is a leading domestic supplier of high-performance analog and analog-digital hybrid chips for intelligent connected vehicles. The core founding team all comes from Analog Devices (ADI), a global leader in analog semiconductors. The core R&D team has more than 15 years of design work experience, covering digital, analog and communication protocol fields; the product marketing team comes from the original team of Analog Devices (ADI) China, and has achieved a leap in SerDes' annual sales in the Chinese market from 0 to hundreds of millions of US dollars.

CoreDrive Technology completed a strategic financing of 1 billion yuan, with Yizhuang State Investment

On July 12, it was reported that the global headquarters of Xinchi Technology has officially settled in Beijing Economic and Technological Development Zone, and has received a strategic investment of 1 billion yuan from the Economic and Technological Development Zone and Beijing city.

Founded in 2018, CoreDrive Technology has achieved mass production and shipment of nearly 6 million automotive chips in the fields of smart cockpit and smart vehicle control, and has mass-produced more than 70 models. Next, CoreDrive will continue to promote the development and application of smart car chip technology, communicate and cooperate with more domestic and foreign OEMs, and accompany customers to jointly create more differentiated and personalized smart car new products, help speed up mass production, and let more people enjoy the smart travel experience faster.

Guimu Robotics completed a multi-million yuan A+ round of financing, led by Guoxin Zhongshu Tongling Science and Technology Innovation Fund

On July 13, Guimu Robotics completed its A+ round of financing, led by Guoxin Zhongshu Tongling Science and Technology Innovation Fund. Guimu Robotics was founded in 2016 and is a manufacturer of inspection robot equipment and a road data service provider.

Guimu Robotics was founded in 2016. Over the years, the company has developed a variety of software and hardware products focusing on different fields such as airport roads, bridges and aircraft, rail transit, municipal pipelines, and port guards, expanding its business lines to more than 80 airports at home and abroad, and hundreds of roads in 20 provinces and cities. Its customers cover more than 31 provinces and cities across the country, with a cumulative output value of nearly 200 million yuan and a total financing of nearly 100 million yuan.