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Li Auto’s Chip Subsidiary Secures RMB 1.625 Billion in Series A Funding, Valuation Soars to RMB 17.1 Billion Post-Investment
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Author：小编
Shanghai Maxheart Technology Co., Ltd., the chip-making arm of Li Auto, has successfully concluded its Series A equity financing round, amassing a substantial RMB 1.625 billion. This financing endeavor was spearheaded by prominent investors Hangzhou Jingtao, Lanchi Ventures, and Huaye Tiancheng, with additional support from Miracle Plus. Notably, Hangzhou Jingtao and its affiliated funds have also secured the option for an extra subscription of up to RMB 500 million. Should this option be fully exercised, the company's valuation post-investment is projected to skyrocket to an impressive RMB 17.1 billion.
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