Financing History of Yijing Technology

In November 2017, Yijing Technology raised RMB 10 million in its angel round with a valuation of RMB 50 million. Investors included Mingshi Capital, Zhenyun Venture Capital, and Inno Angel Fund. In July 2018, it raised tens of millions of yuan in its A round with a valuation of RMB 100 million. Investors included Yuntian Angel, Dongke Chuangxing, and Mingshi Capital. In April 2020, it raised RMB 70 million in its A+ round with a valuation of RMB 350 million. Investors included Fosun Ruizheng and Songhe Capital. In June 2021, it raised hundreds of millions of yuan in its B round with a valuation of RMB 1 billion. Investors included Intel Capital and Sinovation Ventures. In January 2022, it raised hundreds of millions of yuan in its Pre-C round with a valuation of RMB 1.5 billion. Investors included Xpeng Motors as the lead investor, with SAIC Group's Shangqi Capital, Dongfeng Communications Automotive Fund, and old shareholder Intel Capital continuing to increase their investments. In March 2022, it received a strategic investment of 100 million yuan, with a valuation of 2 billion yuan. Investors included Baidu and GAC Intelligent Connect. In November 2022, it received tens of millions of dollars in Series C funding, with a valuation of 3.5 billion yuan. Investors included Yuansheng Capital, CITIC Securities, Zhuoyuan Capital, and E-Town Capital.