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General AI company VAST recently announced that it has completed two rounds of financing, Series A+ and Series A++, totaling nearly US$200 million. The financing was led by INCE Capital and China Life Yangtze River Delta Science and Technology Innovation Fund, with industrial investors including the Shenzhen AI Terminal Industry Fund (with Honor, a global leading terminal manufacturer, as the industrial partner), renowned industrial strategic investors, and Shanghai Semiconductor Industry Investment, among others. Financial investors such as Shenzhen Capital Group, Genesis Capital, Fortune Capital, and FG Venture also participated in the joint investment. Additionally, existing shareholders including Primavera Venture Partners, ClearVue Partners, Baidu Ventures, and Orient Gene continued to over-subscribe.
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