Chinese automotive electronics maker NASN Automotive Electronics has concluded its Series B funding round with 400 million yuan ($59.6 million).

The round was spearheaded by Matrix Partners China, investments arm of U.S.-based Matrix Partners. Other backers including Qiming Venture Partners and GP Capital also joined the round.

NASN Automotive Electronics has raised a total of $74.6 million in funding over three rounds.

In 2018, NASN Automotive Electronics closed $14.9 million in its post Series B funding from Qiming Venture Partners and GP Capital.