Chapter Horse Power completes nearly $50 million in first-round financing.

According to GGV Capital, on March 20th, Octopus Power announced the completion of nearly $50 million in Series A funding, with GGV Capital, Horizon Robotics, Xiaomi, Sequoia Capital, and Linear Capital co-investing. The funds from this round will be mainly used for core technology and product research and development, data system construction, and talent acquisition.