Angel+ · Hardware

Xiaomi leads more than $50 million Angel+ financing for Huixi

The Chinese chip company attracted Xiaomi and venture investors as it built computing hardware and tools for automated driving.

Huixi Technology completed an Angel+ financing of more than $50 million, according to a December 8, 2022 report. Xiaomi led the investment, with Guoqi Investment, Cathay, MiraclePlus and GSR Ventures also participating.

Founded earlier that year, Huixi was developing high-performance automotive chips, software tools and driving systems for vehicle manufacturers. The company had research teams in Beijing, Shanghai, Hangzhou and Hefei.

Funding history

Angel+ · This round>$50M

Sources

  1. Huixi Angel+ financing contemporaneous reportfinance.sina.com.cn · Dec 8, 2022