Legend Capital has led a $100m series B round for automotive-focused imaging technology developer Black Sesame, with SAIC Motor and SK China also among the backers.

China-based digital imaging technology developer Black Sesame Intelligent Technology raised approximately $100m on Friday in a series B round led by Legend Capital, the venture capital firm formed by conglomerate Legend Holdings.

Legend Capital invested through its semiconductor-focused fund, Junhai Chuangxin, and the round included car manufacturer SAIC Motor and SK China, a subsidiary of South Korean conglomerate SK Group.

China Merchants Capital, Delta Capital, FengHu Fund Management and Northern Light Venture Capital filled out the participants.

Founded in 2016,…

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Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
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