Simate Funding

Funding

• 2026-10-16 - Early financing update - Simate discloses early investment from Xiaomi- and Baidu-linked funds - Simate’s shareholder update identifies Xiaomi’s Hanxing Ventures and Baidu-linked Sanya Baichuan Zhixin among its early investors. Reporting describes several hundred million yuan of cumulative early financing, without isolating a single round. - source…