Zongmu Technology Completes USD 190 Million Series D Financing

In June 2021, Zongmu Technology completed a total of US$190 million in Series D financing, of which the D3 round was led by Xiaomi Changjiang Industry Fund. The company has become the first company invested by Xiaomi after its official announcement of car manufacturing, and is expected to carry out multi-dimensional cooperation in the field of Xiaomi's smart scene applications.