Brunei, CPE join Series C extension for China's Pony.ai
Chinese autonomous driving technology supplier Pony.ai has secured a Series C extension of $100 million featuring new investors Brunei Investment Agency and CPE. It takes the company’s total funding to date past $1.1 billion.
The first tranche of the Series C – $267 million at a post-money valuation of $5.3 billion – was announced last November. Ontario Teachers’ Pension Plan Board took the lead, with additional contributions...
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