ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Toyota leads fundraising for Chinese self-driving startup

Valuation doubles to $3bn with $462m round of support

Chinese startup operates a pilot fleet of robotaxis in Guangzhou. (Photo by Shunsuke Tabeta)

HONG KONG -- Chinese self-driving startup has raised $462 million from Toyota Motor and other investors in its latest funding round, the company announced on Wednesday.

The fresh funds, of which $400 million came from Toyota, has almost doubled the startup's valuation to $3 billion from a year ago.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more