Alibaba and Fosun were among the investors that helped the autonomous driving technology provider close a $300m round.
US-headquartered autonomous driving technology developer Deeproute.ai completed a series B round led by e-commerce group Alibaba yesterday sized at over $300m that also featured diversified conglomerate Fosun. The round included Jeneration Capital, Glory Ventures and Yunqi Partners, while Fosun invested through corporate venturing arm Fosun RZ Capital. Media reports last month suggested Alibaba provided $200m…
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