In November 2023, EVAS Intelligence Technology (Guangzhou) Co., Ltd. (hereinafter referred to as "EVAS Intelligence") successfully completed a Pre-A+ round financing, surpassing one billion RMB. This round of financing was led by Guangzhou Nansha Kejin Holdings Group Co., Ltd.'s subsidiary, Guangzhou Nansha District Nanjin Fund Management Co., Ltd., and co-invested by Lion City Capital, a subsidiary of Oversea-Chinese Banking Corporation Limited (OCBC), one of the largest financial groups in Southeast Asia with its headquarters in Singapore.
Founded in January 2022, EVAS Intelligence has garnered recognition and favor from numerous first-tier capital firms, including GAC Capital, Oriental Rich Sea, Helios Capital, Yuexiu Industrial Fund, Linxin Investment, Volcano Stone Investment, Yipu Capital, State Development Zhongding, and Bolei Venture, in less than two years. The cumulative financing across three rounds has exceeded one billion USD.
Following this financing round, EVAS Intelligence will intensify its investment in core technologies, products, and software stacks essential for implementing AI large models in in-vehicle applications. Simultaneously, preparations for the large-scale production of already taped-out chip products are underway.
Llinks, acting as the legal advisor for EVAS Intelligence, leverages its rich project experience in the investment and financing field to provide professional legal services for this financing round.
Llinks Team:
Partners: Selena She, Colin Shi
Associate: Lily Yang
