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…

The rest of this content is only accessible to Corporate Venturing: News, Data, and Events - Global Corporate Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.