Beijing (Gasgoo)- On May 25th, China’s leading L4 autonomous driving developer WeRide announced that it has received a strategic investment from Bosch and both parties established strategic cooperation to jointly develop autonomous driving software. Signing ceremony; photo credit: WeRide The partnership...
5/25/2022 Series C - IV WeRide No The Bosch Group 3 3/24/2022 Series C - III WeRide $400M Yes Carlyle, China-Arab Investment Funds, GAC Group, and The Bosch Group 3 11/10/2021 Series C Subscribe to see more $XXM Subscribe to see more Subscribe to see more 10 11/4/2021...
Mega-fundraising has become common in the capital-intensive autonomous vehicle world. Momenta’s Chinese rivals Pony.ai has amassed over $1 billion within five years and four-year-old WeRide.ai has raised over $500 million. Like Momenta, the two firms have nabbed investments from big automakers...