Beijing TAGE IDriver Technology Co., Ltd. announced that it has received CNY 400 million in funding from Hefei Industrial Investment Capital Venture Capital Management Co., Ltd., Luxin Venture Capital Group Co., Ltd., Beijing Beihang Asset Management Co., Ltd., Hefei Xincheng Holding Group Co., Ltd., Tsingstone Capital, Huangshan New Age Cultural Tourism Fund Management Co., Ltd.
September 31, 2023
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Beijing TAGE IDriver Technology Co., Ltd. announced that it has raised CNY 400 million in a round of funding co-led by Hefei Industrial Investment Capital Venture Capital Management Co., Ltd., and Guoneng Green Low Carbon Fund. The transaction included participation from new investors, Luxin Venture Capital Group Co., Ltd., Beijing Beihang Asset Management Co., Ltd., Hefei Xincheng Holding Group Co., Ltd., Tsingstone Capital, Huangshan New Age Cultural Tourism Fund Management Co., Ltd.
Luxin Venture Capital Group Co Ltd is a Chinese company mainly engaged in venture capital business and Grinder Industrial Operations. The Company operates through two segments. The Investment Segment is principally engaged in equity investments in new ventures. The Company's key investment areas include information technology, energy conservation and environmental protection, new energy, new materials, biomedicine, high-end equipment manufacturing and other industries. The Grinder Segment is mainly engaged in the production and sales of grinding and abrasive cloth. Its downstream customers are mainly military industry, automobile parts processing, aerospace, and precision processing enterprises.
Beijing TAGE IDriver Technology Co., Ltd. announced that it has received CNY 400 million in funding from Hefei Industrial Investment Capital Venture Capital Management Co., Ltd., Luxin Venture Capital Group Co., Ltd., Beijing Beihang Asset Management Co., Ltd., Hefei Xincheng Holding Group Co., Ltd., Tsingstone Capital, Huangshan New Age Cultural Tourism Fund Management Co., Ltd.