From Dealroom · · 40s
CATL Backs $860M AI and Robotics Fund
CATL launches $860M venture fund targeting AI and robotics, expanding its influence beyond batteries.
In brief
CATL launches $860M venture fund targeting AI and robotics, expanding its influence beyond batteries. CATL has created a $860M venture fund focused on AI and robotics to extend its reach into the industrial chain. Originally reported by Dealroom.
CATL Discloses $1.38B Venture Funds
CATL revealed two venture capital funds with combined subscribed capital exceeding US$1.38 billion.
Xiamen Shidai Yiyuan Fund Structure
Xiamen Shidai Yiyuan Venture Capital Fund is funded by CATL's capital system with 77.67% from Xiamen Riting, 19.42% from Ningbo Wending, and 2.91% from Xiamen Puquan.
Fund Targets AI and Robotics
The fund focuses on new energy industrial chains, artificial intelligence applications, embodied intelligence, and scientific innovation.
The big picture
CATL has created a $860M venture fund focused on AI and robotics to extend its reach into the industrial chain.
