Haomo.ai, a self-driving automotive firm backed by Chinese language automaker Nice Wall Motor, mentioned on Tuesday it raised RMB 300 million ($41.4 million) in a Sequence B2 financing spherical involving a Chinese language native authorities. The funding was raised from an funding fund fashioned by present investor JZ Capital and the federal government of the Changxing county within the jap Chinese language metropolis of Huzhou, and comes after it secured RMB 100 million from one other native government-backed fund early this yr. The corporate launched an autonomous automobile platform based mostly on Qualcomm’s Snapdragon Trip chips, in keeping with a Tuesday announcement. [TechNode reporting, Haomo.ai announcement, in Chinese]
