China's Horizon Robotics raises $400m
Horizon Robotics, a Chinese developer of microprocessors that support artificial intelligence (AI) technologies, has raised $400 million in the second tranche of a Series C round led by Baillie Gifford, Yunfeng Capital, CPE, and electric vehicle battery maker Contemporary Amperex Technology (CATL).
Other participants include Aspex Management, CloudAlpha Capital, Hermitage Capital, Neumann Advisors, Orix Group, an investment unit of Shandong Expressway, Elite CCI Capital, Yuantai Evergreen Fund, and...
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