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Lexiang Technology completes nearly 500 million yuan Pre-A round financing

MarsBitNews
Mars Finance News: “Lesheng Technology” officially announced today the completion of nearly 500 million yuan in Pre-A round financing. By this point, just one and a half years after its establishment, Lesheng Technology has reached total cumulative financing of 1 billion yuan. This round of financing was led by Ant Group, with participation from industry players Geely Capital and 37 Interactive Entertainment, as well as Yuanhe Puhua. Existing shareholder Monolith also continued to make an oversubscribed follow-on investment. The investors have been drawn together from top strategic investment firms, industry investors, and market-oriented funds. The funds from this round will be focused on in-house R&D of six core technologies, talent recruitment, and expanding global market channels, among other initiatives.
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