Announced
Completed
Meituan and Hillhouse Capital led a $157m Series A round in Haomo.AI.
Financials
Transaction Value£118m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Completed
Private Equity
Cross Border
Friendly
autonomous driving software
Auto Technology
Acquisition
Single Bidder
Venture Capital
China
Private
Minority
Synopsis
Meituan and Hillhouse Capital led a $157m Series A round in Haomo.AI, a Beijing-based autonomous driving startup, with participation from Qualcomm Ventures, Shoucheng Holdings and JZ Capital. Haomo will spend the fresh funds on autonomous driving technology R&D and talent pool building.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.