Hengtron Nanotech announced that it has raised $14.85 million in funding led by Jiangsu Yueda Investment Co., Ltd. on July 19, 2022. The transaction also included participation from VStone Asset Management Company Co.,Ltd., Beijing Rich Land Capital, LLP., Ningbo Exciton Technology Co., Ltd., Wofo Capital, Shenzhen Skyworth Investment Management Enterprise (Limited Partnership) and GL Ventures.