Robert Bosch Venture Capital invests in NavInfo’s AutoAI

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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