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

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.