Yupan Technology completed nearly 100 million yuan in financing for production line construction and technology research and development

Yupan Technology (Tianjin) Co., Ltd. recently successfully completed two rounds of financing of nearly 100 million yuan. The seed round of financing was led by Lushi Investment, followed by Qingliu Capital and Ximu Investment; the angel round of financing was led by Xiaomi Strategic Investment, followed by Shunwei Capital and Lushi Investment. This round of financing will be mainly used for production line construction, product research and development, and market expansion. The company has established an intelligent production line with an annual output of 200,000 units.