Fund Raising
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QCraft raises $100 million to accelerate physical AI and autonomous driving push
QCraft's systems have been deployed in one million vehicles, and the company currently partners with nearly 10 automakers.
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Nio's battery asset operator Mirattery raises funds via new ABN in interbank market
Mirattery has issued a new green ABN with a total value of 1 billion yuan ($145 million) to support its battery asset business.
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Xpeng's flying car unit Aridge secures $200 million as mass production nears
The latest funding round of nearly $200 million brings Aridge's total historical equity financing to about $1 billion.
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Zeron secures fresh capital as China's electric heavy truck race heats up
Zeron raised 1.2 billion yuan ($175 million) from investors including a CATL-affiliated fund, Nio Capital, and Momenta.
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Autonomous driving firm Momenta confidentially files for Hong Kong IPO, may raise $1 billion
Momenta was valued at over $5 billion in its latest funding round last year.
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Nio confirms its chip unit secures $330 million in 1st-round funding
Several Chinese investors will inject RMB 2.257 billion ($330 million) into Nio's chip business, valuing the operation at about RMB 8.27 billion.
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Nio chip unit reportedly raises over $290 million in 1st funding round
This brings the post-investment valuation of Nio's chip unit to nearly RMB 10 billion.
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Nio's battery asset operator Mirattery secures $145 million in latest C3 financing round
Mirattery brought in two new state-owned enterprise shareholders from Hefei in the new funding, expanding its Series C financing to nearly RMB 2 billion.
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Nio's battery asset operator Mirattery issues $72.5 million REITs in new securitization effort
By the end of January, Mirattery's battery assets under management had surpassed 40 GWh.
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Nio Capital leads new funding round for Chinese robotics firm Linkhou
This marks Nio Capital's second recent investment in a robotics company.
