Yongxin Technology has completed a nearly 100 million yuan Series A financing round, with strategic investment from Ant Group.

Recently, Wuxi Yongxin Technology Co., Ltd. announced the completion of nearly 100 million yuan Series A financing. This round of financing was strategically led by Ant Group, followed by Shuimu Capital, and existing shareholders Matrix Partners and Huihe Capital also participated in the additional investment. The funds will focus on core technology iteration, supply chain ecosystem integration, production line expansion, and team expansion.