Found in Robotics News & Content, with a score of 1.46
April 14, 2022
…Haomo.AI's Series A+ round, with participation by existing investor Shoucheng Holdings Ltd. Past investors include Meituan, Qualcomm Ventures, and GL Ventures. “Haomo is the most promising autonomous driving company in China, with proprietary core technologies,” said Liu Jian, chairman of Bank of China Group Investment, the direct investment arm of state-owned financial conglomerate Bank of China. “We expect the company, guided by its windmill strategy, to realize a virtuous circle of data, technology, and products through mass production and shipment and establishment of the MANA data intelligence system,” Liu added. Since the completion of this Series A+ round, Haomo has…
Found in Robotics News & Content, with a score of 3.38
December 23, 2021
…valuation of more than $1 billion. Participants included Meituan; GL Ventures, which is Hillhouse Capital’s early-stage investment unit; Qualcomm Ventures; Hong Kong-listed Shoucheng Holdings Ltd.; and JZ Capital. Haomo said it plans to use its latest funding on research and development, as well as building its pool of talent. In February, the company raised “hundreds of millions of yuan” from Shougang Fund, Meituan, and GL Ventures. “We are very optimistic about the current team of Haomo due to their experience and expertise in research and mass production,” stated a representative of GL Ventures. The venture capital firm said it has…
Found in Robotics News & Content, with a score of 0.89
September 13, 2021
…Robots included Chimera Investments under Abu Dhabi Royal Group, GL Ventures, Sequoia China and Linear Capital, as well as strategic investors including Xiaomi Group, Foxconn Industrial Internet, and Midas. Agile Robots claimed to be the robotics company with highest total financing amount in 2020. With the completion of this financing round, Agile Robots said it will be the first intelligent robotics company in China to receive investment from SoftBank Vision Fund 2 (SVF 2). SoftBank Group added that it has made capital contributions to allow investments by SVF 2 in certain portfolio companies. The announcement does not constitute an offer…
Found in Robotics News & Content, with a score of 1.77
June 08, 2021
…WeRide, and Zoox. Investors want lidar for multiple applications GL Ventures, the venture capital arm of Hillhouse Capital, led Hesai's Series D round. Chinese Internet provider Meituan and smartphone maker Xiaomi and also participated, as did Citic Private Equity (CPE) Funds Management. Other investors included Baidu, Bosch, Huatai International Private Equity Fund, and ON Semiconductor. Baidu and Xiaomi are working with partners on electric vehicles, and Meituan is developing robots for indoor and outdoor deliveries. In addition, existing investors Lightspeed China Partners, Lightspeed Venture Partners, and Qiming Venture partners joined the latest round. “As the core sensor of autonomous driving,…
