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Pony.ai has secured a $27 million investment from GAC as the company approaches its IPO, to further develop its autonomous driving technology.
Amount Raised
$27 Million
Investors
Description
Chinese state-owned carmaker GAC is investing a total of $27 million in Pony.ai, which is preparing for an IPO in the US. This investment is part of GAC's broader strategy in the autonomous vehicle sector, following a recent $100 million fundraising by Pony.ai in October 2023.
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