IDRIVERPLUS closes multi-million-dollars Series C1 round led by HOPU-Arm Innovation Fund

The driverless “brain” provider IDRIVERPLUS has completed a Series C1 round of financing, raising tens of millions of US dollars. The round was led by the HOPU-Arm Innovation Fund.

The driverless “brain” provider IDRIVERPLUS has completed a Series C1 round of financing, raising tens of millions of US dollars. The round was led by the HOPU-Arm Innovation Fund.

IDRIVERPLUS, founded in 2015, is deeply involved in developing a “brain” that allows vehicles to be self-driving. It is one of the few Chinese domestic companies providing multi-functional solutions for autonomous driving systems.

The company has a team of professional talents specializing in technologies related to OEMs, electronics, the Internet, artificial intelligence, manufacturing and other areas. The company’s cumulative test mileage for autonomous driving vehicles exceeds 1300,000 km.

IDRIVERPLUS is one of the first enterprises to mass-produce and commercialize the autonomous driving vehicles.

After completing this round of financing, IDRIVERPLUS will continue to be an excellent driverless “brain” provider, continue to empower various industries, and realize the commercial application of driverless in multi-vertical fields.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/29/idriverplus-closes-multi-million-dollars-series-c1-round-led-by-hopu-arm-innovation-fund/.

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