On April 14th, Narwal secured a significant US$100 million in funding ahead of its pre-IPO stage. This investment was led by tech giant Tencent and the Beijing Robotics Industry Development Investment Fund, managed by Shoucheng Capital, a firm backed by state-owned enterprises. Some Existing investors also participated in this round.
Founded in 2016, Narwal has quickly risen to prominence, being recognized as one of China's Top 50 Technology Robotics Enterprises for two years running. Their mission is simple yet powerful: to help people live more freely and passionately.
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