RoboticsTechNode3 months ago
DJI car unit ZYT raises pre-IPO funding
1 min read
ZYT, also known as Zhuoyu Technology, is raising a pre-IPO round of about RMB 2 billion ($280 million) at a pre-money valuation of around RMB 12.5 billion ($1.74 billion). The company is also planning a Hong Kong listing this year. ZYT was originally DJI's automotive subsidiary focused on intelligent driving technology, spun out in 2023.
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