Only four months after securing Series B fundraising of $310 million, Chinese autonomous driving company WeRide says it has achieved its Series C funding round that brings its post-money valuation to $3 billion.
This is first time the company has disclosed its value. The company did not share how much it has raised this round, only noting that it’s in the “hundreds of millions,” according to a statement released by the company. WeRide intends to use this funding round to invest in R&D and commercialization as it works towards the next-generation of Level 4 driving, a term that means a vehicle …
