Sequoia-backed Chinese EV startup Leap Motor seeks to raise $372m in new round

Sequoia-backed Chinese EV startup Leap Motor seeks to raise $372m in new round

Source: Leapmotor

Electric vehicle start-up Leap Motor, co-founded by surveillance equipment maker Dahua Technology, is seeking to raise 2.5 billion yuan ($372 million) in its latest funding round to finance growth, three people with knowledge of the matter said.

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