The autonomous vehicle technology developer has disclosed it raised $310m in its latest round, which included corporate joint venture Alliance Ventures.

China-based autonomous driving technology producer WeRide confirmed today it has raised $310m in series C funding from investors including Alliance Ventures, the investment firm formed by carmakers Renault, Nissan and Mitsubishi.

The round also featured China Structural Reform Fund and Pro Capital. The company said last month the round included IDG Capital, Homeric Capital, CoStone Capital, Cypress Star, Sky9 Capital, K3 Ventures, CMC Capital Partners, Qiming Venture Partners and Alpview Capital, valuing it at $3.3bn.

WeRide is developing software…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.