Millisecond Control, a supplier of core components for drive-by-wire chassis, has secured tens of millions of yuan in its Angel+ funding round. The investment was led by Songhe Capital and Suzhou High-tech Capital. This marks the company's second funding round within a year of its establishment, following an initial investment from Houxue Capital. AI
IMPACT This funding supports the development of core automotive components, potentially impacting the integration of AI in future vehicle control systems.
RANK_REASON Funding round of tens of millions of yuan for a company in a key automotive component sector. [lever_c_demoted from significant: ic=1 ai=0.4]
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