On July 17th, Xynova proudly announced the successful closure of its A+ round financing, amassing a substantial 500 million yuan. This funding round was spearheaded by Meituan and saw active participation from NIO Capital, China Merchants Capital, and a prominent internet conglomerate. Notably, Xiaomi Strategic Investment, an existing shareholder, continued its support with additional investment. With this latest infusion of capital, Xynova has officially ascended to the esteemed ranks of unicorns.

Since the dawn of this year, Xynova has demonstrated remarkable financial acumen, securing three rounds of financing, each in the hundred-million-yuan bracket. In March, the company raised several hundred million yuan in a Pre-A round led by JD.com. Following closely in May, Xynova again attracted several hundred million yuan in an A round co-led by Li Auto Strategic Investment, CSC Capital, and CSC Investment, further solidifying its financial foundation and market position.