Fund Raising

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • Nio Capital leads new funding round for Chinese robotics firm Linkhou

    This marks Nio Capital's second recent investment in a robotics company.

  • Chinese humanoid robot maker LimX secures $200 million in Series B funding, with Nio Capital participating

    LimX Dynamics was founded in January 2022, with its co-founder coming from WeRide.

  • Xpeng's flying car unit Aridge has confidentially filed for Hong Kong IPO, report says

    Aridge has confidentially filed for a share sale that may take place as soon as this year, Bloomberg reported.

  • Leapmotor secures $530 million investment from China's state-owned automaker FAW

    FAW acquired a 5 percent stake in Leapmotor, marking a rare instance of a Chinese state-owned automaker investing in a NEV startup.