Xinghaitu completed two rounds of financing of over US$100 million, A4 and A5, with China Renaissance as the exclusive financial advisor

2025-07-09 12:18:26

Caitong News recently learned that Xinghaitu has completed its A4 and A5 rounds of financing, with a total financing amount of more than US$100 million: the A4 round of financing was jointly led by Capital Today and Meituan Longzhu, with participation from CICC Porsche Fund, Xianghe Capital, and old shareholders miHoYo and Wuxi Venture Capital Group; the A5 round was jointly led by Meituan Longzhu and Meituan Strategic Investment, with an oversubscription from Beijing Robot Fund and participation from Yizhuang State Investment, and continued follow-up investment from old shareholders such as IDG Capital, BV Baidu Ventures, Cathay Capital, Capital Today, and Xianghe Capital; China Renaissance Capital continues to serve as the exclusive financial advisor.

miHoYo Meituan

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