Bank of China Group Investment and GL Ventures led a $78m Series C round in NASN.

Synopsis

Bank of China Group Investment and GL Ventures, investment firms, led a $78m Series C round in NASN, a manufacturer of automotive electronics, with participation from Contemporary Amperex Technology, Hillhouse Capital and CMG-SDIC Capital.

Principals

target

Nasn Automotive Electronics

bidder

Hillhouse Capital Group

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Market Context

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Seller Team (1)

tao zhe

Founder and CEO at NASN AUTOMOTIVE ELECTRONICS

Manager

target

Deal

£ 59 M

Total Value

Bidder Team (2)

zhang lei

CEO at HILLHOUSE CAPITAL GROUP

Investor

bidder

Deals

£ 44.19 B

Total Value

glenn levy

CEO at GL VENTURES

Manager

bidder

Deals

£ 1.18 B

Total Value

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