Current location - Trademark Inquiry Complete Network - Tian Tian Fund - Geely Automobile invested about $50 million in Yi Cartoon Technology.
Geely Automobile invested about $50 million in Yi Cartoon Technology.
Recently, Geely Automobile Holdings Co., Ltd. (HK.0 175) announced that it had formally signed a strategic investment agreement with Easy Cartoon Technology, and led the investment of 432 152 1 share in Series B of Easy Cartoon Technology, with an investment amount of about 50 million US dollars, equivalent to about1.5/of the total shares of Easy Cartoon Technology.

Under the trend of "new four modernizations" in the automobile industry, Geely Automobile maintains a strong R&D investment, seeks resource synergy and scale effect on a global scale, constantly explores the upstream and downstream industries of automobiles, comprehensively lays out the "new four modernizations" of automobiles, and actively builds an intelligent three-dimensional travel ecology in the future. After the completion of this B round of financing, this investment will become the latest measure for Geely Automobile to further improve its layout in the fields of vehicle networking, intelligent interconnection, in-vehicle systems and chips. Easy Cartoon Technology and Geely Automobile will work closely together to create an industry-leading intelligent networked ecological open platform to provide users with a smarter and safer travel experience.

Founded on 20 16, Easy Cartoon Technology is a leading automotive intelligent technology company, which is committed to continuously building an industry-leading intelligent networked ecological open platform, fully empowering car companies and creating a smarter and safer travel experience. At present, E-Cartoon Technology has set up branches and R&D centers in Hangzhou, Beijing, Shanghai, Wuhan, Dalian and Gothenburg, Sweden. In 2020 and 20021year, Yi Cartoon Technology received strategic investments from Baidu, Haina Asia Venture Capital Fund, China State-owned Capital Venture Capital Fund and Yangtze River Economy Driven Network Industry Fund respectively.