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CalmCar raises 500 million yuan in Series D funding to accelerate its Robotaxi deployment across China.
Amount Raised
¥500 Million
Round Type
Series D
Investors
Description
CalmCar has secured 500 million yuan in a Series D financing round to enhance its nationwide Robotaxi services. The funding was supported by a coalition of state-owned industrial funds and notable technology investors, including existing shareholders ZF, SAIC Motor, and BAIC Group. This round will help integrate various technology partners and automakers to establish a comprehensive ecosystem. CalmCar aims to advance its autonomous driving technologies and expand its business in urban environments.
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