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.
DealStreetAsia
Chinese self-driving startup hits $1bn valuation
Haomo.AI gets fresh money from Meituan and Qualcomm's VC arm
Chinese startup Haomo.AI will use the fresh capital to upgrade self-driving technology and build its talent pool. (Captured image from Haomo.AI website)
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