Maherxin Technology, Li Auto's chip subsidiary, completes first financing round of 1.625 billion yuan at 16.63 billion yuan post-money valuation.
Amount Raised
¥1.63 Billion
Round Type
Venture
Hong KongFinancial ServicesInvestors
Description
Maherxin Technology, a chip subsidiary of Li Auto, has completed its first round of financing with a total subscribed amount of 1.625 billion yuan. Li Auto contributed 1 billion yuan while external institutions collectively contributed 625 million yuan. The company achieved a post-money valuation of 16.63 billion yuan, with Li Auto maintaining a 74.01% stake. Maherxin Technology, established just over two months prior, now ranks among chip unicorns with valuations exceeding 10 billion yuan.
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