Xingyun Integration Raises Nearly 800 Million Yuan in Funding, with CATL as the Lead Investor
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Author:小编   

On September 21, CloudLink Capital announced that Beijing Xingyun Integrated Circuit Co., Ltd. has successfully concluded a fresh round of financing, amassing close to 800 million yuan. This financing round was spearheaded by Puquan Capital, a subsidiary of CATL, which utilized its proprietary funds. Additional investors included Spring Hill Capital, Cornerstone Ventures, among others. Throughout this process, CloudLink Capital acted as the exclusive long-term financial advisor. The proceeds from this funding will be earmarked for product engineering, supply chain readiness, and customer delivery, with the overarching goal of expediting the company's industrialization journey.