Idriverplus, a China-based, corporate venturing-backed supplier of driverless vehicle and robotics systems, has raised more than RMB100m ($14.6m) in an extended series C round from investment firms Xin Ding Capital and Huaxia Weiming Investment.

In May, Idriverplus raised an eight-figure dollar sum in a series C1 round led by Hopu-Arm Innovation Fund, a venture capital fund backed by chip developer Arm (being acquired by peer Nvidia for up to $40bn currently).

Idriverplus initially raised an undisclosed amount of series A…

James Mawson

James Mawson is founder and chief executive of Global Venturing.