Huaqiu raises hundreds of millions in Series D, led by CMB International

What's the deal? Shenzhen-based Huaqiu, a one-stop smart infrastructure platform for the electronics industry, has raised several hundred million yuan in a Series D round. The round was led by CMB InternationalDealroom has a profile for this one. Try Dealroom →, with participation from new and existing backers including Guangxin Fund, Chengdu Hi-tech Lianxin TechnologyDealroom has a profile for this one. Try Dealroom →, and Hongshi CapitalDealroom has a profile for this one. Try Dealroom →.

What's the endgame? Huaqiu will use the money to deepen its digital push across the full industry chain, iterate its in-house industrial software, and upgrade its smart manufacturing base. The aim is to close the loop on end-to-end services for electronic hardware innovation.

The signal: CMB International as lead investor, alongside government-linked funds such as Chengdu Hi-techDealroom has a profile for this one. Try Dealroom → and Guangxin Fund, points to sustained institutional confidence in China's electronics supply-chain infrastructure.

Read more: Jiemian News

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