Wuxi Chaoxin Power Technology Co., Ltd. has completed a 22 million yuan angel round of financing.

36Kr learned that on June 25, Wuxi Chaoxin Power Technology Co., Ltd. announced the successful completion of a 22 million yuan angel round of financing. This round of financing was led by well - known institutions. The funds will be mainly invested in the R & D iteration, tape - out testing of high - performance NFC chips and market expansion.