China self-drive startup JingChi closes $52m pre-series A led by Qiming Venture

China self-drive startup JingChi closes $52m pre-series A led by Qiming Venture

Sensors are seen mounted on the windshield of a self-driving car during a self-racing cars event in Willows, California, U.S., April 1, 2017. REUTERS/Stephen Lam

JingChi Inc, a Chinese self-driving technology firm founded by former Baidu veteran, has completed a $52-million pre-series A round led by Qiming Venture Partners, following its announcement of securing $30 million from angel investors two weeks ago.

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