Muniu Technology received tens of millions of yuan in A+ round financing

Beijing Muniu Linghang Technology Co., Ltd. has completed a RMB 10 million A+ round of financing, led by Junmao Capital. The funds raised will be mainly used for technology research and development and the construction of automated production lines. Muniu Technology was founded in 2015 and is headquartered in Beijing. It owns a fully automatic radar production base (Jiading, Shanghai), a cutting-edge technology development center under the Ainstein subsidiary in the United States (Kansas), and an automotive product research and development and testing center (Boston). The Chinese and American teams have a total of more than 70 people, with 80% of them being R&D personnel.