Investment

NLimiaoda Raises Nearly RMB 500M in B1/B2 for Semiconductor and Optical-Module Dark-Factory Solutions

Suzhou Limiaoda Intelligent Technology has closed nearly RMB 500 million across B1 and B2 rounds from industrial capital, financial institutions an...

Huihe’s Personal AI Assistant Today Raises Over $200M Cumulative; IDG and Tencent Among Backers

Huihe (Shanghai) Intelligent Technology has raised more than \$200 million in cumulative funding from IDG Capital, Tencent, Source Code Capital, An...

Li Auto Chip Unit Mahexin Raises RMB 16.25B; Post-Money Valuation Up to RMB 17.1B

Mahexin Technology, Li Auto’s chip subsidiary, closed a RMB 16.25 billion first-round equity financing led by Hangzhou Jingtao, BlueRun Ventures an...

Qingcheng Jizhi Raises Series A Led by China Telecom and Hanhui for Domestic AI Compute Stack

Beijing Qingcheng Jizhi closed a Series A led jointly by China Telecom and Hanhui Capital, with follow-ons from Xinglian Capital and investors incl...

Ruoyu Tech Raises RMB 100M-Level Pre-A Led by Sunway for Embodied Robot Brains

Shenzhen-based Ruoyu Technology raised a pre-A round at the RMB 100 million level, led by Sunway Communication, with Jinmu Capital, Qindao Capital,...

Xianyin Future Raises Hundreds of Millions RMB Betting on On-Orbit Space Services

Xianyin Future, founded less than a year ago, focuses on cable-driven flexible space robots and on-orbit services. In four months it closed three r...

Phase-Change Energy Storage Raises Over RMB 100M Series A to Scale 10,000-Ton Production Line

Phase-Change Energy Storage (Hangzhou) New Materials was first to commercialize high-temperature melt-spinning of phase-change materials at scale, ...

SynaTech Raises Nearly RMB 100M Pre-A to Build Embodied Intelligence Infrastructure

SynaTech, founded in 2024 as an embodied-intelligence infrastructure company, closed a nearly RMB 100M Pre-A round—its third raise in a month. Its ...

Haisigaide Raises New Round Led by Huaxing Kangping for Retinal BCI Vision Restoration

Haisigaide (Suzhou) closed a new financing round led by Huaxing Kangping. The company focuses on blinding eye disease across ultra-micro implants, ...

Tianfukang Raises Tens of Millions RMB in Angel Round for First-in-Class BCI and Precision Neuromodulation

Tianfukang is focused on precision neuromodulation, building a full stack of flexible electrodes, dedicated chips, and closed-loop algorithms. Its ...
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