Xin'ao Fusion Energy Technology has secured over 10 billion yuan in its Pre-A funding round, with a post-investment valuation of 10.6 billion yuan. The round was led by Longxin Venture Capital, with participation from numerous other investors including Matrix Partners China and CDH Investments. The company plans to accelerate the commercialization of its fusion technology. AI
RANK_REASON Significant funding round for an energy technology company. [lever_c_demoted from significant: ic=1 ai=0.0]
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