Toyoda Gosei Star Light (Tianjin) Auto Parts Co., Ltd. announced that it will raise $7.9 million in a round of funding on March 22, 2024. The transaction will include participation from returning investor, Toyoda Gosei Co., Ltd. The company's registered capital will increase from $26.6 million to $34.5 million. The transaction is expected to be close by mid April 2024.