The SenseTime, Nvidia, Johnson Electric and Yutong-backed driverless vehicle technology provider said it has secured hundreds of millions of dollars.

WeRide, a China-based autonomous driving technology provider that counts several corporates among its investors, disclosed today it has raised hundreds of millions of dollars in series C funding.

IDG Capital, Homeric Capital, CoStone Capital, Cypress Star, Sky9 Capital, K3 Ventures, CMC Capital Partners, Qiming Venture Partners and Alpview Capital supplied the capital at a valuation of $3.3bn according to a blog post by the company.

Founded in 2017, WeRide has built an autonomous vehicle software platform and has been operating…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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