Alliance Ventures backs China's WeRide
Alliance Ventures, an automotive-focused venture capital unit set up by Renault, Nissan Motor and Mitsubishi Motors, has invested in Chinese autonomous vehicle technology company WeRide.
Qiming Venture Partners also participated alongside Hanfor Capital, Atop Capital, Johnson Electric, Xiaopeng He, Idinvest Partners, and OceanIQ Capital. Financial terms were not disclosed. The deal...
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