Xpeng-backed Flying Car Firm Aridge Raises $200M, Eyes Hong Kong IPO
Aridge, the flying car developer affiliated with Chinese electric vehicle manufacturer Xpeng, has secured approximately US$200 million in novel investment as it progresses toward a potential initial public offering (IPO) in Hong Kong later this year. The funding round included participation from existing investors GL Ventures, the venture capital arm of Hillhouse Investment and HongShan, … Read more