Intelligent exoskeleton company Yifang Innovation has completed tens of millions of yuan in Pre-A round financing.

On November 12, the technology company specializing in intelligent exoskeleton systems, Yifang Innovation, announced the completion of tens of millions of RMB in Pre-A round financing. This round of financing was led by Hillhouse Ventures and Fifth Wall Ventures, with existing shareholder Primordial Capital participating. It is reported that the raised funds will be mainly used for research and development of cutting-edge technology and attracting high-end talents, promoting the market layout of its core products in consumer-level scenarios such as outdoor sports.