Fundz

Saic Mobility Robotaxi Valued At $1B After $148M Series B

PRIVATEAug 16, 2022

Amount Raised

$148 Million

Round Type

Series B

ChinaTransportationAutomotive

Description

SAIC Mobility Robotaxi, an arm of state-owned Chinese automaker SAIC aiming to launch a commercial robotaxi service, raised $148 million (RMB 1 billion). The funds will be used to scale its robotaxi service in China, which it will operate in partnership with autonomous vehicle company Momenta.

Quick answer

SAIC Mobility Robotaxi raised $148 Million in a Series B round, dated August 16, 2022. SAIC Mobility Robotaxi is based in China.

How much did SAIC Mobility Robotaxi raise?
SAIC Mobility Robotaxi raised $148 Million in a Series B round on August 16, 2022.
What does SAIC Mobility Robotaxi do?
Key Media is an award winning, world-class events and niche publishing company with 200 staff in eight offices worldwide.
Where is SAIC Mobility Robotaxi based and how big is it?
SAIC Mobility Robotaxi is based in China.

Source: Fundz verified event record.

Who else raised in Transportation and Automotive around the same time

Companies in the same sectors as SAIC Mobility Robotaxi that raised within 45 days of this round, from Fundz verified event records.

  • Quantron AG raised an undisclosed amount (Funding Round) on September 14, 2022.
  • Yulu raised $82M (Funding Round) on September 12, 2022.
  • Empery Digital Inc. raised $27M on August 24, 2022.
  • Greenbrier raised $150M (Debt Financing) on August 3, 2022.
  • Kite Mobility raised an undisclosed amount (Funding Round) on September 30, 2022.
  • Duos Technologies raised $4M (Seed) on September 30, 2022.

Who to call at SAIC Mobility Robotaxi, and when

A new round usually means SAIC Mobility Robotaxi is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day SAIC Mobility Robotaxi raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at SAIC Mobility Robotaxi, from your own LinkedIn network

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Company Information

Company

SAIC Mobility Robotaxi

Location

China

About

Key Media is an award winning, world-class events and niche publishing company with 200 staff in eight offices worldwide. Millions of people regularly engage with our multi-platform content. If you’re full of Orange Energy and want to join us for your next career adventure, get in touch.

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Fundz sees it the moment SAIC Mobility Robotaxi raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

SAIC Mobility Robotaxi raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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