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“LiiPuS” has recently achieved a significant milestone by completing both its seed and angel round financings in quick succession, amassing a total investment of tens of millions of yuan. The seed round saw exclusive investment from Jiangsu Jinqiao Fund, whereas Cloudstone Capital provided the sole investment for the angel round. The newly acquired funds will be strategically allocated towards prototype testing, optimization, refinement, as well as the small-batch production and delivery of high-end marine integrated electric propulsion systems and related products. This move is set to accelerate the widespread adoption of domestically manufactured high-end propulsion systems in various maritime scenarios, including port tugs, offshore vessels, and luxury yachts, aligning with global standards and expectations.
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