Xiaomi has led two rounds for the autonomous driving technology developer including a series C, the latter deal valuing it at almost $2bn.
China-based autonomous vehicle chipmaker Black Sesame Technologies announced yesterday it has secured hundreds of millions of dollars this year across two rounds, both of which were led by consumer electronics producer Xiaomi.
Hubei Xiaomi Changjiang Industrial Fund (also known as Hubei Xiaomi Yangtze River Industry Fund) represented Xiaomi in both deals, and it was joined by investors including internet-of-vehicle technology developer FulScience in a strategic round of undisclosed size.
Semiconductor manufacturer Wingtech Technology and Lenovo Capital and Incubator Group, part…
