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Funding History
- IPO RoundUSD 83M — Raised HKD 650M (listed on HKEX on 2026-09-09, IPO price HKD 14.45, first-day gain 153.84%, market cap HKD 15.3B)
- Pre-IPO RoundUSD 59M — closed a Pre-IPO round of RMB 40M in July 2025, with a post-money valuation of RMB 3.84B (approx. USD 570M). Cumulative funding over 9 years across 13 rounds totals nearly RMB 2B.
Physix Frontier