Announced
Completed
Financials
Sources
Tags
China
Private
Automobiles
Friendly
autonomous driving
Private Equity
Acquisition
Minority
Single Bidder
Cross Border
Completed
Synopsis
Investors NMTUF, Bosch, Shenzhen Capital Group and CCI Investment completed the $154m investment in Uisee, an autonomous driving startup. UISEE plans to dedicate funds to R&D of its technologies to further advance self-driving solutions. The company wants to cooperate with industry partners to promote autonomous driving technologies.
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