Lexiang Technology has successfully closed a Pre-A funding round, securing nearly 500 million RMB. This brings their total funding to 1 billion RMB within 18 months of establishment. The round was led by Ant Group, with participation from Geely Capital, 37 Interactive Entertainment, Monolith, and others. Funds will support core technology R&D, talent acquisition, and global market expansion. AI
IMPACT This funding will support Lexiang Technology's core technology R&D, potentially leading to advancements in their AI-related products or services.
RANK_REASON Significant funding round for a tech company. [lever_c_demoted from significant: ic=1 ai=0.7]
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