Chinese autonomous driving company AutoX raised $100 dollar in a series A round funding led by Dongfeng Motor Company, and followed by Alibaba Entrepreneurs Fund, Plug and Play China, a incubator based in Silicon Valley, HKSTP Technology Development Fund, and other investors. The investment will be used to establish a fleet of autonomous driving and expand technology team.
Established in 2016, AutoX is committed to providing a universal autonomous driving solution to empower automobile factories, mobility, and logistic companies with autonomous driving technology. It also advance the application and launch of L4 autonomous driving via its AI platform.
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