Tag: #zongmu

Showing 4 of 4 posts with this tag

China VC Weekly: COVID Vaccine and Xiaomi’s First EV Moves

In last week’s VC news, pharmaceutical firm Stemirna Therapeutics raises roughly $188 million for COVID vaccine trials, Xiaomi-backed fund invests in autonomous driving startup Zongmu Technology shortly after the company announced a foray into the EV market, supply chain information startup Xforceplus closes $200 million Series C round.

6/8/20215 min read

#financing #electric vehicle

Auto

Xiaomi Builds Cars Now – How Does the Plan Work?

On Wednesday, Lei Jun, Co-Founder and CEO of Xiaomi, announced via his Weibo account that Xiaomi Auto Co. Ltd has been officially established, with registered capital of 10 billion yuan ($1.5 billion).

9/3/202117 min read

#Featured #svolt energy technology

Auto

Autonomous Driving Startup ZongMu Tech Completes E-Round Financing

On Monday, ZongMu Tech, a self-driving start-up, announced that it had obtained 1 billion yuan in an E-round of financing.

3/28/20222 min read

#Autonomous Driving #financing

Industry

Zongmu Technology Launches the Automatic Driving 'Power Bank'

Recently, Zongmu Technology launched its new subsidiary - Cantron Robotics, and introduced a new energy robot - FlashBot.

1/23/20242 min read

#China #automotive industry