“Stellar New Energy” has completed its Series C financing of nearly RMB 500 million and officially launched the Pre-IPO financing process.

36Kr learned that recently, Starry New Energy has completed its Series C financing of nearly 500 million RMB. The investors in this round include Shaoxing Xinghui, CSC Capital, Sichuan Green, Eastmoney Investment, ICBC Capital, Changshi Investment, AS Energy and many other institutions. This marks another capital market boost for Starry New Energy following its financing of over 300 million RMB completed last year. After the completion of this round of financing, the company has officially launched the Pre-IPO financing process.