Roadstar.ai, a Chinese start-up that specializes in autonomous driving technology, has received $128 million in Series A funding led by Shenzhen Capital Group and Wu Capital.
Existing investors Yunqi Partners, CMB International Capital, and Vision Plus Capital also took part in the round. It is said to be the largest capital raise by a Chinese autonomous driving company, surpassing...
Chinese growth capital private equity firm Maison Capital has closed its first US dollar-denominated fund at $200 million.
There will be no AVCJ bulletin on September 25 due to a public holiday in Hong Kong marking the Mid-Autumn Festival.
Hanon Systems, an auto parts manufacturer owned by Hahn & Company and formerly known as Halla Visteon Climate Control, has agreed a $1.23 billion bolt-on acquisition of Magna International’s fluid pressure and controls business.
The Australian Private Equity & Venture Capital Association (AVCAL) – which will be known as the Australian Investment Council from next year – has appointed its first chairperson from the local institutional investor community.