Autonomous driving company Mogo Auto secures Series C2 financing, Tencent participates in
On May 6th, it was reported by 36Kr that Mogo Auto, a company offering autonomous driving technology and operation services, has successfully raised 580 million yuan ($83 million) in C2 round financing. The investors involved in this funding round include Chengdu Science and Technology Investment Group, Zhuhai Haidou Science and Technology Investment Group, Tencent, as well as auto finance firm Yixin Group. This significant amount of funding is noteworthy given the current downturn in financing for the autonomous driving industry in China.