Xi Venture Capital participates in the B-round financing of tens of millions of yuan for Duoerqibai En
Recently, Wuxi Duoerqibaien Electric Motor Co., Ltd. announced the successful completion of tens of millions of yuan in Series B financing. Xi Venture Capital and several well-known investment institutions participated in this round of financing.
Against the backdrop of large ship cycles and ship electrification, Daoerqi is a scarce high-end marine generator target in China. The company far exceeds similar domestic products in terms of power density, power conversion efficiency, and customized design capabilities, reaching an international advanced level. The funds raised in this round will help the Daoerqi R&D team expand rapidly, continue to promote the progress of new product series R&D, accelerate the expansion of production bases, continuously improve delivery capabilities, and meet the rapidly growing needs of industry customers.