Zhenqu Technology successfully completed its D round of financing and received support from multiple investment institutions

Zhenqu Technology announced that it has completed a round D financing of more than 600 million yuan, jointly led by Legend Capital and Yuanhe Chenkun. This is the 9th round of financing completed by Zhenqu Technology since its establishment. In 2017, Zhenqu Technology received angel round financing at the beginning of its establishment; in 2018, it received a round A financing invested by Zhangjiang Science and Technology Investment; in 2019, it received 40 million yuan in A+ round financing; in 2020, it received 150 million yuan in B round financing. In 2021, it obtained 300 million yuan in financing in the B+ round jointly invested by CICC Capital, Haiwang Capital, Lenovo Capital and others. In 2022, it obtained hundreds of millions of yuan in financing in the C round. In December of the same year, it again obtained a round C+ financing invested by Shanghai International Asset Management. In August 2023, Zhenqu Technology obtained strategic financing from Volvo Investment. Zhenqu Technology has also received strategic investments from Volvo Cars and Schaeffler Group. Valuation of US$1 billion