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AI trendy toy brand “MOMOTOY” completes tens of millions of yuan in financing
Mars Finance reports that the AI trendy toy brand “MOMOTOY” has completed a financing round of tens of millions of yuan, invested by Yipu Fund, with a post-investment valuation of 250 million yuan.
The brand’s person in charge revealed that the funds from this round of financing will be focused on four core areas: AI technology iteration, high-end product matrix implementation, global channel expansion, and flagship stores in key commercial districts.