Smart Technology Completes Over 100 Million Angel + Round of Financing

Smart Technology is an automotive-grade power and power module parts supplier, dedicated to providing deeply customized automotive-grade power and power module products to meet the differentiated solution requirements of smart electric vehicle customers. The Angel+ round was recently completed, and was jointly led by Shangqi Capital and Weihao Chuangxin, a subsidiary of SAIC Motor, and joined by Blue Lake Capital and old shareholder Linxin Investment. The financing is mainly used for the construction of the vehicle-grade power and power module technology echelon, the vehicle-grade power module mass production line, and the construction of the vehicle-grade test and failure analysis laboratory.

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