The driverless vehicle technology developer has added $110m to the $200m supplied by busmaker Yutong Group last month.
China-headquartered autonomous driving software producer WeRide has increased the size of a series B round led by bus producer Yutong Group from $200m to $310m, Caixin Global reported today.
Yutong invested $200m in WeRide last month and the round included MC Capital Partners, CDB Equipment Manufacturing Fund, Hengjian Emerging Industries Fund, Zhuhai Huajin Capital, Tryin Capital, Qiming Venture Partners, Sinovation Ventures and Kinzon Capital, according to a company statement.
WeRide is working on driverless car technology that is intended…
