Suzhou Inces Intelligent Technology Co., Ltd. announced that it has received $21,800,000 in funding led by Luxin Venture Capital Group Co., Ltd., Qiming Weichuang Venture Capital Management (Shanghai) Company Limited, and Esco on January 4, 2023. The transaction included participation from Shenzhen Qianhai Infrastructure Investment Fund Management Co., Ltd., Jiangsu Addor Equity Investment Fund Management Co., Ltd., and Jingwei Venture Capital (Beijing) Investment Management Consulting Co., Ltd.