China EV maker Hozon completes Series D with $443m tranche
Hozon Auto, a Chinese electric vehicle (EV) manufacturer, has raised CNY 3bn (USD 443m) in funding from the likes of Shenzhen Capital Group, Qianhai FoF, Hongtai Capital, Dayone Capital, Insight Capital, and Dianshi Capital.
It is described as the third tranche of a Series D round. According to AVCJ Research, the second tranche closed in February on CNY 2bn at a valuation of USD 7bn. Investors included Shenzhen Capital and...
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