Suzhou Yilite Technology Co., Ltd. announced that it has raised over CNY 100 million in a round of funding co-led by new investors, Jifeng Ventures and Suzhou High-tech Venture Capital Group Rongsheng Investment Management Co., Ltd on January 5, 2024. The transaction also included participation from new investors, Suzhou International Development Venture Capital Holding Co., Ltd., Shanghai New Alliance Investment Management Co., Ltd., Beijing Labtech Instruments Co., Ltd., Qiaojing Capital, Beijing Qishi Summit Technology Development Center (Limited Partnership) and other investors. The round was oversubscribed.