"Hykro Tech" Raises 700 Million Yuan in Series C Financing
10 hour ago / Read about 0 minute
Author:小编   

"Hykro Tech" has officially declared the successful closure of its Series C funding round, amassing 700 million yuan. This round of financing saw participation from nine esteemed institutions, namely Blue Lake Capital, Jiaxing Changsan Tou, and Rongyi Investment, among others. The injected capital will be strategically allocated towards the research and development endeavors focused on core technologies within brake-by-wire systems. Additionally, it will facilitate the large-scale production of products and the expansion of manufacturing capabilities, with the overarching goal of cementing its preeminent stance in the intelligent chassis industry.

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