Xinchi Technology completed a nearly $100 million Series C financing.

36Kr learned that on May 13th, "Xinchi Technology" officially announced the completion of a nearly $100 million Series C financing. This round of financing was led by Jiangsu Industrial Investment Group. Shaanxi Automobile Hongde Investment joined as a new strategic shareholder, and a number of well - known investment institutions and industrial capitals, including Yizhuang State - owned Investment, Beijing Advanced Manufacturing Fund, Xi'an Finance, and Yizhong Gentai, participated in the follow - on investment. The completion of this round of financing will further strengthen Xinchi Technology's technological barriers, mass - production advantages, and industrial ecosystem layout in the automotive - grade chip field, and accelerate the company's full - stack "core" breakthrough from the automotive to the embodied intelligence track.