BOE Technology and Will Semiconductor have chipped into a series C7 round for the multicorporate-backed AI computing chip producer valuing it at $5bn.
China-based semiconductor technology developer Horizon Robotics has raised $1.5bn in series C7 funding from electronic parts manufacturer BOE Technology and chipmaker Will Semiconductor, PEdaily reported on Thursday.
The round was secured at a $5bn valuation, and it came after a $300m series C6 round at an unspecified time that included Legend Capital, the venture capital firm formed by conglomerate Legend Holdings, as well as investment firm Huangpu River Capital and unnamed other entities.
Founded in 2015, Horizon is working on…
