Five eco-partners participate! Krypton completed $750 million Series A financing.

On February 13, 2023, Krypton announced the completion of Series A financing of $750 million, with a post-investment valuation of $13 billion. It is reported that this round of financing is invested by Professor Amnon Shashua, founder and CEO of Mobileye, a well-known autonomous driving technology company, and five ecological partners, namely Contemporary Amperex Technology Co., Limited, Yuexiu Industrial Fund, Trade Fund and Quzhou Xin An Zhi Creation Fund.

We can see that this round of financing has not only new strategic investors to join, but also the strong support of existing shareholders. In particular, Contemporary Amperex Technology Co., Limited, which is committed to providing first-class solutions and services for global new energy applications, has been a long-term strategic partner of Krypton, and has increased its investment in this round. The other four eco-partners also have rich industrial resources in their respective fields, especially in smart driving, power batteries, innovative materials and high-end equipment manufacturing. I have to say that the capital market is very optimistic about krypton.

An Conghui, CEO of Extreme Smart Technology, once said: "Co-creation and Co-investment" is an extreme business concept. We insist on co-creation with users and global high-quality ecological partners, jointly promote innovative exploration in the field of luxury smart pure electricity, and create the ultimate experience for users. Travel life. "

In fact, krypton is also very worth investing in. It not only relies on Geely’s profound heritage of more than 30 years, but also has Volvo’s century-old safety DNA and Lotus performance adjustment capabilities, and also has Geely Electric Vehicle Research Institute, Krypton European Innovation Center (CEVT) and Weirui Technology as the global strategic depth layout to realize the sharing of the underlying technologies.

It is understood that in the 2022 industrial Internet pilot demonstration list released by the Ministry of Industry and Information Technology, the 5G fully connected factory project of the extremely smart factory in Qianwan New District of Ningbo was successfully shortlisted. Krypton Smart Factory integrates emerging technologies such as 5G, industrial Internet, big data, digital twinning, AI, XR, etc., and builds a digital pedestal, which realizes low-latency and high-reliability collection, transmission, analysis and in-depth excavation of industrial big data, and forms an advanced factory with extensive connection of production units, deep integration of information (IT) operations (OT), full utilization of data elements, and efficient empowerment of innovative applications.

In addition to the blessing of giant power, Krypton is constantly innovating, stepping out of its own "third track" and breaking out of its own "Krypton speed". The uniqueness of the "third track" is that it is more thorough than the general traditional car companies, without historical burdens, operating in the way of Internet technology companies, and has pure user thinking; Compared with the new forces, Krypton, which has the blessing of giant power, has absolute advantages in technical architecture, quality assurance and supply chain system management.

Sales data is the best proof of users’ recognition of krypton. In February, Krypton delivered 5,455 vehicles, with an overall cumulative delivery of 86,519 vehicles, up 87.1% year-on-year and 75.1% quarter-on-quarter. Among them, the average order amount of Krypton 009 is 527,000 yuan, and the average order amount of Krypton 001 is 336,000 yuan.

In the future, I believe that Krypton can win more people’s love and create better data through the "Krypton Model"!