Foshan ACXEL Technology Co., Ltd. announced that it has received CNY 100 million in funding from Luxin Venture Capital Group Co., Ltd., Qiming Weichuang Venture Capital Management Company Limited, Linear Venture, Shenzhen Co-win Venture Capital Investments Limited
January 01, 2024
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Foshan ACXEL Technology Co., Ltd. announced that it has recently received nearly CNY 100 million in a equity round of funding led by new investor, Luxin Venture Capital Group Co., Ltd. on January 2, 2024. The transaction included participation from old shareholders, Qiming Weichuang Venture Capital Management (Shanghai) Company Limited, Linear Venture, and Shenzhen Co-win Venture Capital Investments Limited continued to increase investment.
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.
Foshan ACXEL Technology Co., Ltd. announced that it has received CNY 100 million in funding from Luxin Venture Capital Group Co., Ltd., Qiming Weichuang Venture Capital Management Company Limited, Linear Venture, Shenzhen Co-win Venture Capital Investments Limited
LUXIN VENTURE CAPITAL GROUP CO., LTD. 
