Chinese Start-Up Kaiyi Technology Closes $14M Series A+ Round To Bet On Self-Driving

News Source: China Money Network.

Kaiyi Technology, a Chinese start-up that primarily develops technologies to automate, adapt or enhance self-driving systems, announced on Tuesday that it has raised RMB100 million (US$14.47 million) in a series A+ round of financing led by China-focused private equity firm Advantech Capital.

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