According to Leifeng.com news, on January 12, Shenzhen FreeYond Technology Co., Ltd. (FreeYond) received nearly 100 million yuan in angel round financing from a Malaysian consortium led by the famous Malaysian investor Datuk Chai Woon Chet.
According to sources, this is the first public financing of FreeYond, and there are still many institutions negotiating on the next round of financing.
Datuk Chai Woon Chet (Datuk Chai Woon Chet) is a well-known investor in Malaysia, holding a number of listed companies, and his investment fields involve telecommunications, finance, real estate, etc. At the same time, FreeYond will join hands with Dato’ Cai Wenjie to leverage its outstanding business influence in Southeast Asia to develop markets in Southeast Asia such as Malaysia, Indonesia, Thailand and Singapore.
The FreeYond brand belongs to Shenzhen Freeyond Technology Co., Ltd., and was founded on May 9, 2022 by Yu Lei, the former global vice president of Gionee Group. FreeYond has launched 2 smartphone products and 1 TWS earphone, and is committed to the overseas market. As of December 6, the number of countries and regions that have completed the signing of national agents has reached 31. [Leifeng.com Newsletter]
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