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Chinese chip developer SemiDrive nets nearly $154m in Series B round


Chinese chip developer SemiDrive nets nearly $154m in Series B round
Source: Brian Kostiuk/Unsplash
July 26, 2021
Chinese automotive system-on-chip (SoC) product startup Nanjing SemiDrive Technology Co, Ltd has secured nearly 1 billion yuan ($154 million) in a Series B round, the investee announced on Monday. 
In the statement, it said that the fresh round was co-led by state-owned China Development Bank Capital’s joint fund and smart manufacturing-focused V Fund. 
The round saw participation from a slew of state-backed investors including Bank of China’s overseas investment unit BOC International, Shanghai International Group’s Shanghai Technology Innovation Investment Fund and Shanghai-based Zhangjiang Group’s sub-fund.  ....

Jason Zhang , Maggie Qiu , Semidrive Technology Co Ltd , Zhangjiang Group , Cv Fund , Group Corporation , China Development Bank Capital , Walden International , Shanghai International Group , Shanghai Technology Innovation Investment Fund , Shanghai Based Zhangjiang Group , Matrix Partners China , Vertex Ventures China , Fanzhuo Capital , Sequoia Capital China , Lenovo Capital , Accurate Capital , China Automotive , Lanpu Capital , Vinno Capital , Shanghai Based Cantor Jungle , ஜேசன் ஜாங் , மாகி கீயூ , வ் நிதி , குழு நிறுவனம் , சீனா வளர்ச்சி வங்கி மூலதனம் ,

Chinese self-driving startup WeRide closes Series B round at $310m


Chinese self-driving startup WeRide closes Series B round at $310m
A self-driving minibus jointly developed by Chinese autonomous vehicle startup WeRide and bus maker Yutong Group. Source: WeRide
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Chinese autonomous vehicle startup WeRide announced on Thursday the completion of its Series B2 and B3 rounds of financing, less than one month after the firm raised $200 million in a Series B1 round in late December.
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Tony Han Xu , Weride Robotaxi , Equipment Manufacturing Industrial Investment Fund , Yutong Group , China Development Bank Capital , Capital Group , Alliance Ventures , Zhengzhou Yutong Bus Co Ltd , Guangzhou Development District , China Based Weride , Qiming Venture Partners , Google China , Kai Fu Lee , Sinovation Ventures , China Based Kinzon Capital , Manufacturing Industrial Investment Fund , Hengjian Investment , Zhuhai Huajin Capital , Tryin Capital , Huangpu District , Guangzhou City , Silicon Valley , டோனி ஹான் ஐயூ , உபகரணங்கள் உற்பத்தி தொழில்துறை முதலீடு நிதி , சீனா வளர்ச்சி வங்கி மூலதனம் , மூலதனம் குழு ,