Tsinghua-founded autonomous driving software company Idriverplus has secured Hopu-Arm Innovation Fund for its series C1 round.
Idriverplus, a China-based autonomous car software spinout of Tsinghua University, has obtained an eight-figure dollar series C1 sum from investors led by Hopu-Arm Innovation Fund, a venture fund backed by chip developer Arm.
Founded in 2015, Idriverplus is developing a software platform to be installed within self-driving vehicles in order to control their autonomous functionality. The company builds software for passenger cars but also commercial vehicles in settings such as environmental sanitation, logistics and industrial parks.
The test…
