Autonomous driving start-up DeepRoute raises USD50 million in new funding round

Corporate developments

Chinese startup focuses on providing full-stack solution for Level 4 autonomous driving

DeepRoute, a China-based startup developing Level 4 full-stack self-driving system, has raised USD50 million in the latest funding round, the company said in a press release on 4 October. The funding round was led by Foshun RZ Capital and participated by other investors including GoldenSand Capital, Yunqi Partners, Ventech China and Green Pine Capital Partners.

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