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China's NIO Capital raises over $200M in new funding round

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Street Talk | Episode 97: Recessionary fears still keeping bank investors on the sidelines


China's NIO Capital raises over $200M in new funding round

Chinese electric vehicle company NIO Ltd.'s private equity investment subsidiary Nio Capital closed its first fundraising for Eve ONE LP with over $200 million in commitments, Gasgoo reported, citing a company announcement.

The U.S. dollar fund supports startups in the automobile, energy and logistics sectors.