Autowise.ai completed its B++ strategic round of financing on October 10. The fund will mainly be used for the R&D and manufacturing of autonomous vehicles and market expansion, especially overseas market expansion.
On October 10, Autowise.ai (Chinese: 仙途智能) announced the completion of its B++ strategic round of financing, which was invested by Sense Capital (Chinese: 国香资本). This is the company's second financing since July this year and the fund will mainly be used for the R&D and manufacturing of autonomous vehicles, as well as market expansion, especially overseas market expansion.
At the World Artificial Intelligence Conference in September this year, Autowise.ai launched its new self-developed autonomous driving road sweeper V3, a showcase of the company's strong technological strength and productization capability. The company said that V3 had attracted a lot of attention on release, and it had already received a number of orders from consumers.
Founded in 2017 by Huang Chao, the former head of transportation platform Didi's autonomous driving research team, Autowise.ai is committed to developing driverless technologies. The company established one of the earliest Robotaxi fleets in China in 2017, which was tested in Shanghai, and successfully obtained the automatic driving test license in the city. Since then, it began to apply its autonomous driving technologies to urban road cleaning. At present, Autowise.ai's intelligent self-driving sweeper has been used in more than 20 countries and cities across the world.