Kaidi Electrical International PTE. LTD. announced that it will receive $15 million in an equity round of funding on July 8, 2021. The transaction includes participation from returning investor, Changzhou Kaidi Electrical Inc. to retain its 100% stake in the company. The registered capital of the company will increase from $0.05 million to $15.05 million post closing of the transaction. The transaction has been approved at the 16th meeting of the second board of directors of the investor.