Unmanned delivery firm White Rhino Auto receives additional investment from Chentao Capital

White Rhino Auto, an autonomous driving vehicle developer specializing in instant terminal delivery, announced that it has obtained additional investment from Chentao Capital. The financing amount was not disclosed. The proceeds will be mainly used for product development and business operations.

White Rhino Auto, an autonomous driving vehicle developer specializing in instant terminal delivery, announced that it has obtained additional investment from Chentao Capital. The financing amount was not disclosed. The proceeds will be mainly used for product development and business operations.

White Rhino Auto was founded in April 2019 by Zhu Lei, a former member of Baidu’s autonomous driving team. Before founding the White Rhino, Zhu Lei was the co-founder of another autonomous driving company.

At the beginning of its establishment, White Rhino Auto had received seed funding from Chentao Capital.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/07/unmanned-delivery-firm-white-rhino-auto-receives-additional-investment-from-chentao-capital/.

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