Fund Raising
Avatr closes $1.5 billion in new funding, targets 2026 IPO
Avatr closed over RMB 11 billion ($1.5 billion) in series C funding, with a goal of going public in 2026.
Deutsche Bank gives positive read on Nio China's new financing
New investment secured by Nio China reduced the immediate share dilution risk of Nio and is positive for Nio's share price, according to Deutsche Bank.
Nio announces $470 million investment in Nio China from strategic investors
Nio China has received a new investment of RMB 3.3 billion from strategic investors in Hefei, and Nio will also invest RMB 10 billion to subscribe for newly issued shares in Nio China.
QCraft revs up its fundraising in autonomous driving race for cash
The maker of self-driving technology solutions recently raised several hundred million yuan in its latest funding round.
Nio's power unit secures 1st external investment of $207 million
Nio Power has secured a RMB 1.5 billion ($207 million) strategic investment, the first external investment the unit has received, to support its continued infrastructure drive.
Great Wall-backed autonomous driving startup Haomo secures RMB 300 million in new funding
The new funding comes just two months after the previous one of over RMB 100 million, and is one of the few large funding rounds in China's autonomous driving space.
IM Motors secures over $1.1 billion in new financing
The financing will be used for next-generation model development, smart driving technology development and entry into overseas markets.
Great Wall-backed autonomous driving startup Haomo raises over RMB 100 million in new funding round
Haomo's new funding is the first in the autonomous driving space after China’s Lunar New Year holiday, and one of the few large amounts raised in the space during the capital winter of the past couple of years.
Nio Capital closes over RMB 3 billion in new fundraising
Since its inception in 2016, Nio Capital has raised five funds, including three US dollar funds and two RMB funds, with a total management scale of RMB 15 billion.
Charging solutions provider StarCharge mulling HK IPO, report says
StarCharge is considering an IPO in Hong Kong, potentially raising about $500 million and seeking a $5 billion valuation, according to Bloomberg.