Dongfeng Motor has led a nine-figure series A3 round for AutoX, adding to at least $43m in capital previously raised from investors including MediaTek and SAIC Motor.
China-based autonomous driving technology developer AutoX has raised tens of millions of dollars in a series A3 round led by carmaker Dongfeng Motor, 36Kr reported yesterday.
The transaction was closed several months ago and AutoX is already in talks with investors to raise a further $100m in a new round, the company said.
Founded in 2016, AutoX is working on self-driving technology that would enable car manufacturers to easily integrate required software and hardware into their vehicles.
The series A3…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
