Avatr closed over RMB 11 billion ($1.5 billion) in series C funding, with a goal of going public in 2026.
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Category: Fund Raising
Deutsche Bank gives positive read on Nio China’s new financing
New investment secured by Nio China reduced the immediate share dilution risk of Nio and is positive for Nio's share price, according to Deutsche Bank.
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QCraft revs up its fundraising in autonomous driving race for cash
The maker of self-driving technology solutions recently raised several hundred million yuan in its latest funding round.
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Great Wall-backed autonomous driving startup Haomo secures RMB 300 million in new funding
The new funding comes just two months after the previous one of over RMB 100 million, and is one of the few large funding rounds in China's autonomous driving space.
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IM Motors secures over $1.1 billion in new financing
The financing will be used for next-generation model development, smart driving technology development and entry into overseas markets.
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Great Wall-backed autonomous driving startup Haomo raises over RMB 100 million in new funding round
Haomo's new funding is the first in the autonomous driving space after China’s Lunar New Year holiday, and one of the few large amounts raised in the space during the capital winter of the past couple of years.
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Nio Capital closes over RMB 3 billion in new fundraising
Since its inception in 2016, Nio Capital has raised five funds, including three US dollar funds and two RMB funds, with a total management scale of RMB 15 billion.
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Charging solutions provider StarCharge mulling HK IPO, report says
StarCharge is considering an IPO in Hong Kong, potentially raising about $500 million and seeking a $5 billion valuation, according to Bloomberg.
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State investors jump on board NEV maker Leapmotor’s bandwagon
As the global war for NEV market share intensifies, the company could get an edge through its joint venture with US-European auto giant Stellantis.
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Leapmotor secures $84.3 million strategic investment from local govt funds
This is the latest investment Leapmotor has received after announcing a 1.5 billion euro investment from Stellantis on October 26, with the subscription price a 70 percent premium to its closing price in Hong Kong today.
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