The financing history of Xingshen Intelligent

In September 2017, Xingshen Intelligence raised tens of millions of RMB in the angel round, with a valuation of 100 million RMB, and investors included JD.com. In January 2019, it raised Pre-A round, with a valuation of 300 million RMB, and investors included Xiangfeng Qiyun and Qianshan Capital. In April 2021, it raised 100 million RMB in the A round, with a valuation of 600 million RMB, and investors included Yuanfang Fund, Yan'an Artificial Intelligence Industry Fund, Honghao Capital, and UBTECH. In August 2022, it raised A+ round, with a valuation of 1.5 billion RMB, and investors included Xingxiang Capital, Ruizhu Capital, Sany Venture Capital, Hunan Caixin, and Jiayuan Capital. In 2022, a total of 1,300 vehicles will be delivered, 400 vehicles will be in regular operation, and the team size will be 300 people.