"Nuovidi" has completed a new round of B+ financing of tens of millions of yuan

36Kr has learned that "Luovdi", a core component supplier for smart short-distance mobility, has completed a new round of Series B+ financing worth tens of millions of yuan. The investors in this round include Cathay Haitong, Dachen Caizhi, and Guangzhou Huangpu Science & Technology Innovation Mother Fund, with existing shareholder Dachen Caizhi continuing to increase its investment in this round. The funds from this financing will be mainly used for continuous R&D investment, production capacity expansion, construction of a global sales network, and working capital for daily operations. Among them, the R&D focus will be on in-depth development of the next-generation smart internal gear hub.