- Minieye, a Chinese company that focuses on the development of sensing systems for autonomous driving, completed a 270m RMB Series C financing
- Backers included Harvest Fund, Oriental Fortune Capital, Vision+ Capital, and original investor NavInfo
- The company also intends to use the funds to relieve the pressure on the supply chain caused by mass delivery and to increase the cash reserve
- Minieye aims to implement artificial intelligence to provide reliable sensing and decision-making solutions for autonomous driving
- The company focuses on improving the automation degree and, at the same time, reducing the accident rate and guaranteeing the safety of drivers and passengers
- In 2018, Minieye received the approval of the Original Equipment Manufacturer (OEM)
