According to a report by Lieyun Network Beijing on January 24, some media learned from a number of insiders that Luoke Automobile, the car-making project of Changjing, founder and CEO of Stone Technology, has completed a financing of 100 million US dollars at the end of 2021, led by 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.
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.
According to wisdom bud data, as of the latest, Shanghai Luoke Intelligent Technology Co., Ltd. has a total of 27 patent applications. In terms of patent types, nearly 90% of the company's invention patent applications are filed in 2021. Through a detailed analysis of the company's above patents, the company's patent keywords mainly focus on electronic equipment, power batteries and engines and other related professional and technical fields.
![Weilai built a moat, and Li Bin broke into a new battlefield[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)