Greater China Digest: Tage I-driver bags funding; Templewater buys Knight Auto

Greater China Digest: Tage I-driver bags funding; Templewater buys Knight Auto

Image Source: TAGE IDRIVER's official website.

Tage I-driver, that develops products for autonomous driving of mining vehicles, has secured 400 million yuan ($55.1 million) in fresh funding. In a separate development, Hong Kong-based alternative asset management firm Templewater Group has acquired Singapore-headquartered semiconductor firm Knight Auto Precision Engineering.

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