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Shihang Intelligence completes over 1 billion yuan Series A funding

MarsBitNews
robot
Abstract generation in progress
Mars Finance News: On June 15, Marine Embodied Intelligence Company Shihang Intelligence announced the completion of its Series A financing, with the amount exceeding 1 billion yuan. This is also the largest single round of financing in the global marine robot sector to date. New investors include industry investors such as Moer Thread and the Shanghe Momentum Fund, as well as VertexGrowth under Singapore’s Temasek, the China’s largest agricultural industry fund under CITIC Group, Yuzun Capital, the listed company Ocean Motor, and all existing shareholders including GSR Ventures, ZhenFund China, Huaying Capital, Changshi Capital, Shengjing Jiacheng Capital, Anyu Capital, etc., all of which participated in oversubscription at high proportions. As Shihang Intelligence disclosed, this round of financing will mainly be used for core technology R&D, expanding global markets, and building an ecosystem across the industrial chain, further promoting the large-scale application of marine robots in complex underwater scenarios. (Venture Capitalist CLUB)
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