Uisee is benefiting from investor interest in Chinese AV startups as the Covid-19 pandemic pushes unmanned transport applications.
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Posted inOn the Cusp
Xpeng Motors invests in lidar company to bolster self-driving tech
Xpeng Motors led a investment in Zvision Technologies, a Chinese startup that makes lidar sensors for self-driving cars.
Posted inOn the Cusp
Self-driving startup Qcraft closes seed round led by IDG
The deal marks another round of fervor around Chinese self-driving companies, as Beijing nurtures emerging technologies to shore up economic growth.
Posted inUp and Comers
Delivery robot firm Neolix closes RMB 200 million Series A+
China eased restrictions on delivery robots following the Covid-19 outbreak, resulting in a surge in demand.
Posted inUp and Comers
Mapping firm Kuandeng nabs $14.2 million in Series A+
The HD map maker advocates crowdsourcing to collect, contribute, and verify data.
Posted inUp and Comers
Mobile game developer Kunlun to pay $50M for 3% shares in China’s Waymo rival
Pony.ai develops artificial intelligence (AI) and autonomous driving solutions for transportation.
Posted inUp and Comers
Briefing: AI startup Horizon Robotics to raise $600 million in Series B funding
The company is focused on developing AI chips for self-driving vehicles and surveillance cameras, among others.
Posted inUp and Comers
Luckin Coffee announces 2 new bids to raise cash
Luckin Coffee is offering a $400 million bond and issuing new shares less than a year after its Nasdaq IPO.
Posted inUp and Comers
Chinese passenger drone maker Ehang files for US IPO
It is the latest in a series of prominent startups listing abroad, unimpressed by the new STAR market.
