Fundz
You are reading one round. Fundz also knows which of your own LinkedIn connections can open this account.See it live →

Leapmotor to participate as strategic investor in Qixin Power's Series A funding round. The powertrain subsidiary of FAW Group aims to develop hybrid engines and electric drive systems.

PRIVATESep 17, 2026•about 3 hours ago

Round Type

Series A

ManufacturingAutomotive

Investors

Leapmotor

Description

Leapmotor, a Chinese electric vehicle maker, plans to participate as a strategic investor in a Series A financing round for Qixin Power, a powertrain subsidiary of state-owned automaker FAW Group. Under a letter of intent signed in Huzhou, Zhejiang province, the two companies will explore strategic cooperation in powertrain products and technologies, including hybrid engines, electric drive systems, and range extenders. Simultaneously, FAW's battery unit signed a technology cooperation agreement with Leapmotor to jointly develop advanced battery technologies. The agreements mark a key step in FAW Group's transformation into a technology-driven company and efforts to strengthen the new energy vehicle supply chain.

Company Information

Company

Qixin Power

About

Leapmotor is a Chinese electric vehicle maker that operates as a strategic investor and technology partner in the automotive industry. The company focuses on powertrain technologies, battery development, and EV platform solutions. Leapmotor collaborates with state-owned automakers to advance new energy vehicle supply chains and develop advanced battery technologies including solid-state and sodium-ion batteries.

Don't miss Qixin Power's next move

Get an email the moment Qixin Power raises, hires an exec, or expands, usually minutes after it happens.

One email per event. Unsubscribe anytime.

Predictive Intelligence
Strategic

ML-powered predictions for Qixin Power's next move

See what Strategic adds

Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Qixin Power raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.