Chinese AI chip designer Horizon Robotics raises $350m in Series C3 round

Chinese AI chip designer Horizon Robotics raises $350m in Series C3 round

Horizon Robotics, a Beijing-headquartered AI chip designer, has gathered an aggregate of $350 million in its Series C3 round of financing, the investee announced on Tuesday. 

The Series C3 tranche brings the total corpus raised by Horizon in its Series C round to $900 million, nearly $200 higher than its initial target proposed in December last year.

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