Announced
Financials
Tags
Venture Capital
Private Equity
Acquisition
Single Bidder
Friendly
Private
United States
Pending
Electronic Components and Equipment
self-driving technology
Synopsis
TuSimple, a global autonomous driving company, raised $215m in Series D financing round. The round was led by SINA, with participation from UPS, CDH Investments and leading automotive tier-1 supplier Mando Corporation. "TuSimple continues to impress the automotive and investor community with its progress towards creating the world's first commercial self-driving truck solution. TuSimple's technology is at a pivotal point for maturity and it has huge market potential, which is why we wanted to deepen our relationship with TuSimple and become a strategic investor." Jae Chung, CFO, Mando.
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