Chinese self-driving solutions provider DeepRoute.ai has secured nearly $50 million in a pre-Series A round of financing led by Fosun RZ Capital, a Beijing-based investment affiliate of Fosun Group.
GoldenSand Capital, which owns the flagship venture capital platform GSR Ventures, Shanghai-based Yunqi Partners, Europe and China-focused investment company Ventech China, and Chinese venture capital firm Green Pine Capital Partners (GPCP) also participated in the latest round, Fosun RZ Capital said in a statement on Tuesday.
