Autonomous driving startup UISEE raises USD155.5 million in new funding
Startup will use new capital to ramp up automated driving R&D capabilities and promote large scale commercialization of driverless driving
UISEE Technology, a mainland China-based startup developing artificial intelligence (AI)-powered automated driving technology, has raised over CNY1 billion (USD155.5 million) in new funding from investors, including the Chinese government-backed National Manufacturing Transformation and Upgrade Fund, TechCrunch reported on 25 January.
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