Investments
62Portfolio Exits
3Funds
1
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Latest Hengxu Capital News
Dec 30, 2022
Freetech Intelligent System, a Chinese self-driving car company, has raised nearly $100 million in a Series B funding round. Investors included: Chaos Investment, Hengxu Capital, a unit of SAIC Motor, BAIC Capital and TCL Industries Holdings. The money will be used to refine its technology, R&D and to commercialise self-driving cars. “Autonomous driving is one of the most important technologies of smart cars, and solutions driven by advanced domain controllers could explode next year,” says Freetech founder and CEO, Zhang Lin, “we will mass-produce autonomous driving solutions, driven by advanced domain controllers.” Freetech currently has more than 1,200 employees. It internally develops cameras, millimeter wave radars and domain controllers. It has developed ODIN – an autonomous driving and auto parking system with features such as high-speed NOA (navigate on autopilot), HPA (home zone park assist) and shadow mode (a feature in which sensors collect data in the background while driving) which will be used across multiple brands and models. Recommended Articles
Hengxu Capital Investments
62 Investments
Hengxu Capital has made 62 investments. Their latest investment was in Shenzhen Aishite as part of their Series A - II on January 1, 2023.
Hengxu Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
1/11/2023 | Series A - II | Shenzhen Aishite | $44.27M | Yes | 2 | |
12/22/2022 | Series C | Brattea | No | 4 | ||
12/8/2022 | Series B | Jinkai Cycle Technology | Yes | 1 | ||
11/28/2022 | Series B | |||||
11/11/2022 | Series A |
Date | 1/11/2023 | 12/22/2022 | 12/8/2022 | 11/28/2022 | 11/11/2022 |
|---|---|---|---|---|---|
Round | Series A - II | Series C | Series B | Series B | Series A |
Company | Shenzhen Aishite | Brattea | Jinkai Cycle Technology | ||
Amount | $44.27M | ||||
New? | Yes | No | Yes | ||
Co-Investors | |||||
Sources | 2 | 4 | 1 |
Hengxu Capital Portfolio Exits
3 Portfolio Exits
Hengxu Capital has 3 portfolio exits. Their latest portfolio exit was Jing Pin Te Zhuang on December 08, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
12/8/2022 | IPO | Public | 2 | ||
Date | 12/8/2022 | ||
|---|---|---|---|
Exit | IPO | ||
Companies | |||
Valuation | |||
Acquirer | Public | ||
Sources | 2 |
Hengxu Capital Fund History
1 Fund History
Hengxu Capital has 1 fund, including 苏州申祺利纳绿色股权投资合伙企业（Suzhou Shenqilina Green Equity Investment Partnership）.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
12/12/2022 | 苏州申祺利纳绿色股权投资合伙企业（Suzhou Shenqilina Green Equity Investment Partnership） | $573.27M | 1 |
Closing Date | 12/12/2022 |
|---|---|
Fund | 苏州申祺利纳绿色股权投资合伙企业（Suzhou Shenqilina Green Equity Investment Partnership） |
Fund Type | |
Status | |
Amount | $573.27M |
Sources | 1 |
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