FinTechFunding

Minieye: Closes RMB 270M C Round of Financing

  • 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)
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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