SenseTime has helped the autonomous driving software developer expand a series A round already featuring Alliance Ventures and Johnson Electric.
WeRide.ai, the China-based autonomous driving software developer formerly known as JingChi.ai, has raised an undisclosed eight-figure dollar amount from investors including image recognition software producer SenseTime, China Money Network has reported.
SenseTime was joined by ABC International, an investment unit of the Agricultural Bank of China, the two providing the funding in the form of an extension to an undisclosed amount of series A funding the company secured in October 2018.
WeRide is developing autonomous driving technology that uses…