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Announced

Yanshan Technology led a $106m Series B round in Nullmax.

Synopsis

Yanshan Technology, an electric bike manufacturer, led a $106m Series B round in Nullmax, an autonomous driving technology company, with participation from Stonehill Technology. With the completion of a new round of financing, Nullmax will expand the team size in an orderly manner, improve delivery capabilities, and meet the rapidly growing smart driving mass production needs of industry customers; it will also deepen and expand product technology research and development, and consolidate core technological advantages such as machine learning and visual perception.

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