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Access here alternative investment news about Primavera Capital, Morningside Venture Capital Co-lead $587m Series B+ Round In Xiaopeng Motors – China Money Network
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Primavera Capital, Morningside Venture Capital Co-lead $587m Series B+ Round In Xiaopeng Motors – China Money Network

by chinamoneynetwork.com posted 9months ago 261 views
Chinese electric vehicle maker Xiaopeng Motors announced that it has raised a RMB4 billion (US$587 million) series B+ round led by Chinese investment firm Primavera Capital Group, Morningside Venture Capital and its founder He Xiaopeng. Hillhouse Capital, Eastern Bell Venture Capital, Hong Kong businessman Adrian Cheng’s K11 Investment, also participated in the round, valuing the firm at RMB$25 billion (US$3.7 billion), according to Xiaopeng Motor’s announcement.

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