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Autonomous driving company WeRide receives the next funding round


Just four months after the closing of the latest round of funding of the autonomous driving company, WeRide has announced that they have raised several hundred million US dollars in a C round of financing, with a post-investment valuation of USD 3.3B. WeRide was founded in 2017 and is headquartered in Guangzhou. They are in the process of developing an autonomous bus and an autonomous taxi. As early as November 2019, the company started the autonomous taxi operation in Guangzhou to collect data as soon as possible. In April, WeRide received a fully driverless vehicle test license from the California Department of Motor Vehicles, becoming the only startup globally with a driverless vehicle test license in China and the United States.


Source: https://36kr.com/p/1221393581691267

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