Qingu Technology completes 700 million yuan Series C financing.

On February 4th, Zhejiang Qiangu Automotive Technology Co., Ltd. announced the completion of a 700 million yuan C round of financing. This round of financing was jointly invested by Lanhu Capital, Jiaxing Changsan Investment, Rongyi Investment, Zheshang Capital, Xinyi Donghu, CoCo Capital, Chengdu Jiazi Zhongying Fund, Yidao Huizhi, and Chengdu Science and Technology Innovation. The raised funds will focus on the iteration of core technology of linear control, mass production and landing of products, and capacity expansion.