Zongmu Technology completed multiple rounds of financing, with a total financing amount of RMB 2.247 billion

Since its establishment in 2013, Zongmu Technology has completed 10 rounds of financing, with a total financing amount of RMB 2.247 billion. Investors in these financing rounds include well-known institutions such as Xiaomi Group, Legend Capital, Qualcomm, and Denso. In the E round of financing in March 2022, Zongmu Technology successfully raised RMB 867 million at a subscription price of RMB 93.56 per share, bringing the company's valuation to a high point of RMB 9 billion.