Avatr completes Series B financing worth CNY 3 billion, with post-investment valuation of nearly CNY 20 billion

On August 31, Avatr Co., Ltd. (Avatr) announced the completion of a Series B financing worth CNY 3 billion, which brings its post-investment valuation to nearly CNY 20 billion.
For this round of financing, the additional investors include Changan Auto, China South Industries Assets Management Co., Ltd., and Liangjia....

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