Haomo.ai Secures $14M Investment for Autonomous Driving Tech
February 23, 2024, 7:30 am
Chinese autonomous driving startup Haomo.ai, backed by Great Wall Motor, has raised $14 million in funding from Chengdu Wufa Private Equity Fund Management. The investment marks the first tranche of the company's Series B funding and will support the development of Level 2 advanced driver assistance systems for passenger cars and Level 4 self-driving solutions for logistics vehicles. Haomo.ai's partnership with Chengdu will also involve the development of robotics for Wuhou district, positioning the area as a showcase for cutting-edge technologies in China. With a focus on commercial deployment and partnerships with major players like Meituan and Qualcomm Ventures, Haomo.ai is poised to make a significant impact in the autonomous driving industry.