China VC Weekly: AI and Hony Capital’s New Fund
AI startup Emotibot raises 200 million Series C round.
11/9/20203 min read
Tag: #Self-driving
Showing 12 of 47 posts with this tag
TuSimple Reaches Unicorn Status in New Funding Round
TuSimple, a self-driving truck startup running daily routes for customers in Arizona, has raised $95 million in a Series D funding round led by Sina Corp. The company achieved unicorn status with a valuation now reaching $1 billion.
2/14/20192 min read
Alibaba to Develop Self-Driving Trucks, Eyeing Next Potential Hot Spot in China’s Tech Sector
Chinese internet giant Alibaba announced on Thursday it will develop driverless trucks with its logistics unit Cainiao, as the company ramps up efforts to follow a trend that may revolutionize the transportation industry.
6/10/20213 min read
Byton: Two German Expat's Chinese Electric Vehicle Dream
At the 2018 Beijing International Automotive Exhibition this year, new car manufacturers Nio, Byton, Weltmeister and Singulato had their new production cars on ...
5/2/201811 min read
China VC Weekly: Autonomous Driving Momentum
In last week’s VC news, online medical platform Dingdang Health raises $220 million to expand its O2O strategy, lidar-maker Hesai closes a considerable Series D followed by a hefty Series C round raised by autonomous driving chip-maker Horizon robotics, while Tencent invests in a German online brokerage.
6/15/20215 min read
Self-Driving Business of Alibaba's DAMO Academy Merged into Cainiao
On May 13, Alibaba's research institute DAMO Academy was reported to be undergoing a major organizational restructuring. The autonomous driving laboratory, which has long been unable to generate profits, will be merged into Cainiao, the logistics arm of Alibaba.
5/15/20232 min read
China VC Weekly: Hillhouse Capital’s New Fund, Autonomous Driving, Macromolecular Drugs, Oatmeal and Toys
Several interesting news surfaced last week, with China’s VC industry getting back on its feet.
5/2/20204 min read
Chinese Self-driving Solutions Startup UISEE Draws 1B yuan in New Funding Round
Chinese self-driving solutions startup UISEE Technology has completed a new funding round and raised more than 1 billion yuan ($154 million), the company announced on Monday.
1/25/20213 min read
Baidu's Silicon Valley Center Shows off First Self-Driving Car Test
The Baidu Research and Development Center in Sunnyvale, California opened two months ago. It is Baidu’s third research center in the US and Baidu’s second offic...
1/8/20188 min read
Byton Debuts its K-Byte Self-driving Concept Sedan
Byton's K-Byte concept debuted in Shanghai on June 12, and Byton, the Beijing-based startup has announced its product naming strategy for the first time. SEE A...
6/13/20183 min read
TikTok Owner ByteDance Invests $25M in Self-Driving Startup QCraft: Report
Chinese tech giant ByteDance, owner of TikTok and its Chinese counterpart Douyin, has reportedly invested in autonomous driving startup QCraft Inc.
3/5/20213 min read
BYD to Open Electric Truck Factory in Canada
BYD announced it would build an electric truck factory in Canada, which will be its first electric car assembly plant in Canada. The electric truck plant is sch...
12/12/20171 min read