Renxin Technology's Financing History

Since its establishment in February 2022, Renxin Technology has gone through multiple rounds of financing. The following is a detailed description of its financing history: In the first half of 2022, Renxin Technology completed an angel round of financing of over 20 million yuan, and the High-tech Zone Mother Fund participated in this round of financing. In March 2023, Renxin Technology completed a round of A financing of more than 50 million yuan, with investors including Rongyi Capital, Sequoia Capital, Taiyi Photosynthesis and Haisong Capital. In September 2023, Renxin Technology once again completed a Pre-A+ round of financing of nearly 100 million yuan, with Huashan Capital and Haiwang Capital participating in the investment. In April 2024, Renxin Technology completed a Pre-A++ round of financing of nearly 100 million yuan, led by Changjiang Zhongda Xiwei, followed by Dianlian Shengde Venture Capital Fund and Rongyi Investment. Since its establishment in February 2022, Renxin Technology has completed four rounds of financing of 300 million yuan in two years, and has completed the preparation of chips from research and development to engineering and mass production. The company's valuation is expected to exceed 1 billion yuan.