The autonomous driving technology provider has added series C-plus funding to a $376m FAW-backed round in November valuing it above $5bn.
Pony.ai, a US-headquartered autonomous driving software producer backed by corporates Toyota, FAW Group, Kunlun Tech, Comcast and Legend Holdings, has secured $100m in series C-plus funding, DealStreetAsia reported today.
The government-owned Brunei Investment Agency and state-backed investment bank Citic Group’s Citic Private Equity Funds Management provided the capital, according to a Pony.ai WeChat post cited by DealStreetAsia.
Founded in 2016, Pony.ai has developed perception, control and mapping software for use in driverless vehicle systems, in addition to hardware. It was…
