The NavInfo, ZTE and Zhejiang Jiaxin Development-backed autonomous driving software producer received an undisclosed amount in a round co-led by CICC Alpha and Dongfeng Asset Management.

Minieye, a China-based self-driving technology developer backed by mapping software provider NavInfo, telecommunications technology group ZTE and conglomerate Zhejiang Jiaxin Development, closed a series D1 round of undisclosed size today.

Investment bank China International Capital Corporation’s CICC Alpha unit and asset manager Dongfeng Asset Management co-led the round, which included Harvest Investments and Vision Plus Capital.

Founded in 2013, Minieye provides an artificial intelligence-equipped advanced driver assistance system that facilitates safe autonomous driving. Its software uses visual perception technology capable…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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