Lingchu Intelligence completes 2 billion yuan angel and Pre-A round financing

On March 10th, Lingchu Intelligent, a company specializing in embodied intelligence, announced the completion of a total financing round of 2 billion yuan, encompassing angel and Pre-A rounds. The angel round was jointly invested by national-level "national team" capital such as China Development Bank Financial Leasing, Guozhong Capital, and CCTV Media Convergence Industry Investment Fund; strategic investment from a listed company with assets exceeding 100 billion yuan; a fund under Yangtze Optical Fibre and Cable; two leading capital firms in core industries; well-known industrial capital such as Wodeer; and numerous well-known funds including Yuansheng Venture Capital, Zhuhai Science and Technology Industry Group, Junshan Investment, Yanyuan Venture Capital, Dami Capital, Wofu Capital, Binfu Capital, and Taihe Capital. The Pre-A round was led by funds including Shanghai State-owned Assets Xuhui Capital, with participation from local state-owned assets such as Liangxi Science and Technology Innovation Industry Phase II Fund of Funds (managed by Bohua Capital) and Xichuang Capital; and market-oriented funds such as Pufeng Capital and Taiming Capital. Several existing shareholders also participated with oversubscription. Huaxing Capital served as the long-term financial advisor. Lingchu Intelligent stated that the funds will be invested in the large-scale application of its solutions in logistics scenarios and the construction of a large-scale data collection system.