HONG KONG -- Beijing-based autonomous driving startup Haomo.AI has raised nearly 1 billion yuan ($156.9 million) in a Series A round of financing to reach unicorn status, with a valuation of over $1 billion, the startup announced Wednesday.
Hillhouse Capital's early-stage investment unit GL Ventures, food delivery giant Meituan, Qualcomm's venture capital arm Qualcomm Ventures, Shoucheng Holdings, a subsidiary of Chinese state-owned steelmaker Shougang Group and others also took part in the round.
