AutoX raises “tens of millions US dollars” in Series Pre-B funding round

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Investments

New funding comes three months after AutoX raised USD100 million

Chinese autonomous vehicle (AV) startup AutoX has completed Series Pre-B funding round, raising “tens of millions of US dollars”, local tech media 36Kr reported on 20 January. The funding round was led by Shenzhen-based Hongzhao Fund. Chaoshan Capital and Shenzhen IMT Industry Group also participated in the latest funding round. AutoX will use the fresh capital to expand its market presence and operations in mainland China.

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