Chinese self-driving startup FABU.AI secures 100 million yuan in Series B+ funding
Shanghai (Gasgoo)- FABU.AI, a Chinese autonomous driving startup, announced on August 19 it has banked 100 million yuan ($15.438 million) in Series B+ funding round from Cowin Capital and DYEE Capital. The proceeds will be used for the deployment of the company’s car-road-cloud integrated solution in more scenarios like port transportation and city shuttle service.