Trolley Transfer News: On January 27, Lingpao Technology announced the B round of financing. The amount of financing was 4.3 billion yuan, which exceeded 1 billion yuan. The B round of financing will be used to invest in product development, channel layout, and brand promotion.
It is understood that the strategic investors in this round of financing, SDIC Chuangyi, Zhejiang University Jiuzhi, Yonghua Capital, etc.; Lingpao Technology's founding shareholder, Dahua Co., Ltd. Chairman Fu Liquan, and Lingpao Technology founder and chairman Zhu Jiangming, increased their holdings. At the same time, Lingpao Technology signed a strategic cooperation agreement with Hefei, and the Hefei government investment platform also participated in the Series B financing of Lingpao Technology. The two parties plan to start more cooperation in the future.
Lingpao Technology was established in 2015 and is headquartered in Binjiang, Hangzhou. Up to now, Leaper Technology has invested a lot of money in early R&D, including self-built AI factories, construction of three-electric workshops, and investment in technologies such as intelligent networking, intelligent driving, and three-electric systems. In October 2020, Leapfrog launched the smart car chip Lingxin 01 and announced that it has a complete set of smart driving solutions with completely independent intellectual property rights. At present, Lingxin 01 has been applied in the C11 mid-size SUV zero-run.
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