Tsing Standard nets tens of millions of yuan in Pre-A financing round

Tsing Standard, a full lifecycle detection platform for smart electric vehicles, announced that it has completed a Pre-A round of financing of tens of millions of yuan.
The round was jointly led by Hubei Qingyan Capital and Chongqing Qingyan Capital, with participation from Qingyuan Huaqing and existing investor HD Capital.

Tsing Standard, a full lifecycle detection platform for smart electric vehicles, announced that it has completed a Pre-A round of financing of tens of millions of yuan.

The round was jointly led by Hubei Qingyan Capital and Chongqing Qingyan Capital, with participation from Qingyuan Huaqing and existing investor HD Capital.

Proceeds from this round of financing will be mainly used for technology research and development, talent recruitment and expanding the market presence of its new business.

Tsing Standard was established in June 2018 and was incubated by the Suzhou Automotive Research Institute of Tsinghua University.

Tsing Standard mainly provides software and hardware testing solutions for the three links of “research and development”, “production” and “after-sales” of intelligent electric vehicles, including testing platforms, testing equipment, testing services, data services, evaluation systems, etc., to help OEMs and auto parts manufacturers validate the performance and reliability of systems and components, control production quality, and conduct after-sales inspection and maintenance.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/20/tsing-standard-nets-tens-of-millions-of-yuan-in-pre-a-financing-round/.

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