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Announced

Completed

Cathay Capital led a $120m Series D round in MINIEYE.

Financials

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Transaction Value£96m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Domestic

China

Single Bidder

intelligent driving

Venture Capital

Completed

Minority

Friendly

Auto Technology

Private

Acquisition

Private Equity

Synopsis

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Cathay Capital, a capital market company, led a $120m Series D round in MINIEYE, an intelligent driving solutions developer, with participation from NIO Capital and Shenwan Hongyuan. MINIEYE said that the funds raised in the whole round D will be used to further consolidate the company’s leading position in the field of mass production intelligent driving in China, continuously expand the core technology stack, and accelerate the R&D process of high-level autonomous driving solutions.

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