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In this week’s VC news, self-driving truck pioneer Inceptio Technology closed a $270 million round of financing and aims to start mass producing its proprietary autonomous driving system.
Life sciences company BioMap was formally announced on Sept. 25, led by Baidu CEO Robin Li as chairman and Baidu Ventures (BV) CEO Liu Wei as co-founder and CEO.
On Friday, biocomputing platform BioMap completed an A Round of financing worth hundreds of millions of dollars, led by GGV Capital and followed by Baidu, Legend Capital, BlueRun Ventures, Verity Ventures and Xianghe Capital.