Valuation exceeds 20 billion after Series C financing of independent variable C.

date
29/06/2026
The independent variable robot announced that after completing the B round of financing led by Xiaomi's battle investment at the end of April, the company quickly completed the B+, B++, and C rounds of financing within more than 2 months, and all four rounds of financing have been completed. The post-investment valuation of this round officially exceeded 20 billion yuan. The confirmed list of investors in this round includes China Mobile, the National Artificial Intelligence Industry Investment Fund, Sequoia China, IDG Capital, Matrix Partners, Dacheng Cai Zhi, China Golden Capital and more than 30 top institutions and internet giant capitals. Among them, Xiaomi's battle investment has continuously increased its investment in three consecutive rounds.