Caixin
BUSINESS & TECH

Self-Driving Startup Roadstar.ai Nets Record $128 Million in Funding

Self-driving car startup Roadstar.ai's wares on display at a tech fair in the southern city of Shenzhen on Nov. 17. Photo: VCG
Self-driving car startup Roadstar.ai's wares on display at a tech fair in the southern city of Shenzhen on Nov. 17. Photo: VCG

Self-driving car specialist Roadstar.ai has raised $128 million, setting a single round private funding record among Chinese startups in the country’s emerging autonomous driving industry.

The series-A funding round was led by Shenzhen Capital Group and Wu Capital, and joined by Yunqi Partners, CMB International Securities, and Vision Plus Capital, the company said in a statement (link in Chinese) Wednesday.

ladingImg
You've accessed an article available only to subscribers
Try 4 weeks for $0.99
SUBSCRIBE
Share this article
Open WeChat and scan the QR code
Copyright © 2017 Caixin Global Limited. All Rights Reserved.