ZQGames completes $200 million Series B funding round, valuing the company at over 10 billion RMB.

CoinFeed reported on April 9th ​​that ZQGame announced the completion of a $200 million Series B financing round, bringing its post-investment valuation to over 10 billion RMB. This round was led by Henan Investment Group Huirong Fund, with Luxshare Precision as a co-lead investor. Other participants included Zhongchuangzhi Strategic Investor, Cornerstone Capital, Longgang Financial Holdings, Jingu Capital, Caitong Capital, Duolun Technology Strategic Investor, Energy Conservation Capital, Hardcore Nuts Capital, Beijing Changfa Development Fund, Quansheng Venture Capital, and STAR SINO. Existing shareholders Huangpujiang Capital, Yinbai Investment, Xinghang Capital, Xingyuan Capital, Caixin Capital, Huiqin Capital, and Puchao Capital continued to invest. The company plans to use the funds to accelerate the R&D of its embodied intelligence core technologies, expand production capacity, and broaden application scenarios.