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New Deal


Announced

Completed

Bank of China Group Investment led a Series A+ funding round in Haomo.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Acquisition

Friendly

Cross Border

Completed

Auto Technology

autonomous driving software

China

Venture Capital

Minority

Private Equity

artificial intelligence

Synopsis

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Bank of China Group Investment, an investment company, led a Series A+ funding round in Haomo, an artificial intelligence technology company, with participation from Shoucheng Holdings, Meituan, Qualcomm Ventures and GL Ventures. "This round marks a new developmental milestone for Haomo. With the help of partners and investors, Haomo will continue to maintain its leading position in mass production of autonomous driving solutions and AI technology," Zhang Kai, Haomo Chairman.

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