Nvidia GPU Ventures is part of a consortium that has provided $52m in pre-series A funding for Jingchi, a developer of self-driving car technology.
China-based autonomous driving technology developer Jingchi raised $52m on Tuesday in a pre-series A round that included Nvidia GPU Ventures, the investment subsidiary of graphics processing technology provider Nvidia.
The round was led by venture capital firm Qiming Venture Partners and also featured additional, unnamed investors.
Founded in April 2017, Jingchi bills itself as a mobility-as-a-service provider. It is working on fully autonomous driving technology that integrates artificial intelligence (AI) to understand an environment and enable safe travel largely without…
