Robert Bosch has joined MediaTek, Tencent, Didi Chuxing, Advantech and Nio Capital to invest in Navinfo's smart in-car system developer.
Robert Bosch Venture Capital, a corporate venture capital vehicle for industrial technology and appliance manufacturer Robert Bosch, invested in China-based vehicular technology developer AutoAI yesterday as part of a $104m series A round.
AutoAI has raised not revealed whether it has raised the full amount, but did state that its investors include mapping technology provider Navinfo, chipmaker MediaTek, internet group Tencent, ride hailing service Didi Chuxing, electronics producer Advantech and Nio Capital, the investment arm of carmaker Nio.
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