Chinese self-driving startup WeRide announced Thursday that it has closed a Series C round of funding, giving it a valuation of 3.3 billion U.S. dollars.
The company did not disclose the exact amount of the latest funding, saying that it was in the hundreds of millions of U.S. dollars.
Tony Han, founder and CEO of WeRide, said the latest investment in autonomous driving came after the company began the trial operation of a self-driving Robotaxi service in the southern Chinese city of Guangzhou and further unveiled its self-driving Mini Robobus.
The startup will expand its team size, continue the research and development and commercialization innovation of autonomous driving technology, and launch large-scale autonomous driving services as soon as possible, Han said.