Self-driving startup Zongmu raises $157 million in new funds

Zongmu Technology Shanghai Co. has raised more than 1 billion yuan ($157 million) in a new round as the Chinese autonomous driving system startup looks to build a new production plant.

https://www.bloomberg.com/news/articles/2022-03-28/self-driving-startup-zongmu-raises-157-million-in-new-funds#:~:text=Zongmu%20Technology%20Shanghai%20Co.%20has,build%20a%20new%20production%20plant.