TIMEZ Technology (Hangzhou) Co., Ltd. announced that it has raised total CNY 50 million million in seed and angel round of funding led by new investor, Capital O on December 19, 2023. The transaction included participation from new investors, IDG Capital Partners Co., Ltd., Plum Ventures, Beijing Zhidemai Technology Co., Ltd., Niu Technologies and other investors. The transaction has been raised at a post money valuation of CNY 300 million.