- New roundRMB 1B — The original figure was stated as "over RMB 1 billion," and this row uses the lower bound of RMB 1 billion. Shanghai Guotou Xiandao, Guotai Haitong, and Futeng Capital co-led the round, with participation from industrial and long-term capital including Daohe Longterm, Dongfeng Asset, China Development Bank Financial, Longma Peak, and Liangtu Zhice, while multiple existing shareholders such as Xiaomi continued to follow on. Proceeds will be used to continue advancing full-stack technology development and large-scale validation in real industrial scenarios.
- Pre-Series A RoundUSD 500M — Sudu Technology closed its Pre-A round of USD 500M, participated by CATL, Alibaba, Hillhouse Venture Capital, and 13 other investors.
Physix Frontier