Crypto news: SteerAI’s autonomous driving unit recently completed a $300 million C-round financing, jointly invested by China Merchants Securities Capital and Yidao Capital. The funds will be mainly used for R&D of a new-generation, car-grade autonomous driving solution. In the first half of this year, the industry disclosed 5 financing deals, with a cumulative amount of nearly RMB 7 billion. IPO activities are also extremely frequent. SteerAI was founded in April 2020 and focuses on autonomous driving technology research for heavy-load logistics, providing multi-scenario autonomous driving solutions. The company has already deployed its technology from traditional container ports to scenarios such as steel mills and paper mills, and has partnered with some logistics companies and central/state-owned enterprises. SteerAI CEO He Bei said the company will, in the future, drive an upgrade of autonomous driving heavy-duty truck domain controllers from non-car-grade to car-grade to meet challenges in open scenarios.
CoinNetwork
