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The founder of Stone Technology was led by Tencent in car building, and the contact between WEI Capital and Meituan was rejected

The founder of Stone Technology was led by Tencent in car building, and the contact between WEI Capital and Meituan was rejected

[Lieyun Network (WeChat: ilieyun) Beijing] reported on January 24

Today, some media reported that from a number of insiders learned that the car-making project luoke automobile of stone technology founder and CEO Changjing has completed a financing of 100 million US dollars at the end of 2021, the leading investor is Tencent Group, and the investment institution Sequoia has also participated in the investment. As the lead investor, "Tencent invested more than $50 million in this round of financing."

At present, Luoke Automobile is conducting a new round of financing with a valuation of $2 billion. According to a source, after Tencent invested in Luoke Automobile, WEI Capital and Meituan had relevant people who intended to contact Luoke Automobile and negotiate investment matters, but they were rejected.

As of press time, Changjing and Luoke Automobile have not responded to this matter.

It is understood that Changjing established Shanghai Luoke Intelligent Technology Co., Ltd. on January 8, 2021, with a registered capital of 10 million yuan and a shareholding ratio of 40% in Changjing.

According to public information, Chang Jing graduated from South China University of Technology majoring in computer science and served as a senior product manager of Tencent and a senior manager of Baidu. After leaving Tencent, Chang Jing founded the Meitu tool Beijing Magic Map Genie, and in 2014, he funded the creation of Stone Technology.

Stone Technology is a Xiaomi star ecological chain enterprise, its main business is intelligent cleaning hardware such as sweeping robots, and its main products are Xiaomi custom brand Mijia intelligent sweeping robot, Mijia handheld wireless vacuum cleaner, and its own brand stone intelligent sweeping robot and Xiaowa intelligent sweeping robot. In February 2020, Stone Technology landed on the Science and Technology Innovation Board.

In the entrepreneurial process, Changjing software and hardware experience, but also a typical car enthusiast, especially love off-road vehicles, there are media reports, Luoke Automobile's first car positioning is the benchmark Mercedes-Benz G series of off-road models, hoping to use the range extension technology, a single endurance of more than 1000 kilometers.

At present, Luoke Automobile is headquartered in Shanghai, Changjing serves as the chairman of the company, and the investors who have intended to invest in Luoke Automobile said that Changjing has not been involved in the daily operation of Stone Technology, and most of the time is spent on automotive products, and Changjing also told investors that car manufacturing will be the focus of his next work. In terms of team, Yan Feng, former CTO of WM Motors, has joined Luoke Automobile as CEO.

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