Financing History of Hongjing Intelligent Driving

In April 2018, the angel round raised tens of millions of yuan, with a valuation of 100 million yuan. Investors included Walden International, Linear Capital, Hillhouse Capital, and Tsinghua Research Institute. In May 2020, the Pre-A round raised tens of millions of yuan, with a valuation of 200 million yuan. Investors included BlueRun Ventures, Translink Capital, and Linear Capital. In May 2021, the A round raised hundreds of millions of yuan, with a valuation of 300 million yuan. Investors included Datang Capital, Delian Capital, Yunjiu Capital, Hillhouse Capital, BlueRun Ventures, Linear Capital, Tsinghua Research Institute, and Translink. In September 2021, the A+ round raised tens of millions of yuan, with a valuation of 500 million yuan. Investors included Country Garden Venture Capital, Hangzhou Jintou Industry, and Walden International. In February 2022, the strategic investment exceeded 100 million yuan, with a valuation of 1.5 billion yuan. Investors included Saudi Aramco Prosperity7. In November 2022, the B round raised hundreds of millions of yuan, with a valuation of 2.5 billion yuan. Investors included CITIC Jinshi, Bojiang Capital, Jianxin Investment, TEDA Science and Technology Investment, Chunxin Hongtu, Dingxin Capital, and Guolian Securities.