ENN Fusion secures RMB 10.6 billion pre-A round, valuing division at ~$1.5B

ENN Group/EHL-2

ENN Fusion completed a pre-A financing round with RMB 10.6 billion post-money valuation, backed by Loongson Venture Capital, CAS Star, Matrix Partners China, CDH Investments, and others. The funding establishes the fusion division as a major venture in China's private fusion sector.