Zhenqu Technology completes hundreds of millions of yuan in E-round financing

On September 8th, Zhenqu Technology announced the closing of the second phase of its Series E financing, raising hundreds of millions of yuan, bringing the total Series E funding to over 600 million yuan. This round saw additional investment from Series E lead investors SDIC Innovation and SDIC Merchants, with participation from China Internet Investment Fund, Guangzhou Industrial Investment, and Pudong Venture Capital. Huachun Baoxin Fund, a subsidiary of existing shareholder Huatai Baoli Investment, also made an additional investment.