Automated driving firm CiDi closes 300M yuan in round-C financing

Changsha-based commercial vehicle smart driving enterprise CiDi announced on Friday that it has completed round-C financing of 300 million yuan ($44.9 million). The leading investor was Chengdu Sci-Tech Innovation Investment Group, and the co-investor was China Emerging Assets. Existing shareholders Ruishi Fund and Qiandao Fund also participated in this investment round.

https://pandaily.com/automated-driving-firm-cidi-closes-300m-yuan-in-round-c-financing/