Wuxi Kalman Navigation Technology Co., Ltd. Completes C Round of Financing of Hundreds of Millions of Yuan

Recently, Wuxi Kalman Navigation Technology Co., Ltd., a leading company in the field of autonomous driving intelligent equipment, completed a C round of financing of hundreds of millions of yuan. This round of financing was led by Bailian Zhigao Capital, followed by Sinovation Ventures, Shenzhen Investment Holdings Shenzhen-Hong Kong Science and Technology Innovation Fund, SME Specialized Fund and other institutions. This is another 100 million-level financing following the investment of China Agricultural Reclamation Industry Development Fund in 2022. The funds obtained will be mainly used to expand production capacity and enhance technology research and development capabilities.