Chinese self-driving startup WeRide closes Series B round at $310m

A self-driving minibus jointly developed by Chinese autonomous vehicle startup WeRide and bus maker Yutong Group. Source: WeRide

Chinese autonomous vehicle startup WeRide announced on Thursday the completion of its Series B2 and B3 rounds of financing, less than one month after the firm raised $200 million in a Series B1 round in late December.

Guangzhou, China-based WeRide garnered a combined $310 million across the three tranches. Upon the completion of the Series B round, the startup has kickstarted the fundraising work for its Series C round, according to a statement.

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