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Robert Bosch Venture Capital invests in NavInfo’s AutoAI

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Corporate developments

AutoAI CEO says the investment will help the company provide professional IOV services to OEMs

Robert Bosch Venture Capital (RBVC), the corporate venture capital arm of the Germany-based automotive supplier Bosch, has invested in AutoAI, a Chinese start-up specializing in internet of vehicle (IOV) solutions, Bosch said in a press release today. RBVC has participated in Series A financing round through which AutoAI plans to raise USD104 million.

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