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…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.