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Haomo Scores Nearly Rmb 1 Billion In Series A, Reaching Unicorn Status

Haomo Scores Nearly Rmb 1 Billion In Series A, Reaching Unicorn Status

12/22/21, 3:02 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CN.svgbeijing
Round Type
series a
Beijing-based autonomous driving startup Haomo.AI has raised nearly 1 billion yuan (close to USD 150 million) in its Series A financing round, giving itself strong financial momentum to expand in the new year.

Company Info

Company
Haomo
Location
beijing, beijing, china
Additional Info
” The venture capital firm has been tracking autonomous driving closely and has invested in companies specializing on chips, computing platforms, and sensors.Haomo, as a strategic production partner of Meituan, is helping the company enlarge its automatic delivery scale, said a Meituan representative. In this area, the company has partners including Meituan, Dmall, which is supermarket chain Wumart’s on-demand grocery delivery unit, and Alibaba DAMO Academy as well. Such logistics vehicles are now delivering groceries to residents for Dmall in the district of Shunyi, Beijing and transporting e-commerce parcels at universities for Alibaba in cities such as Wuhan, Hubei province, and Hangzhou, Zhejiang province.“Since its first financing round, we have witnessed Haomo’s rapid growth and we expect the company to make eye-catching achievements industrywide in the future, leveraging on its tie with the Great Wall Motor,” the Meituan representative said.“Digital transformation is sweeping across all major industries and markets, including automotive,” said James Shen, Vice President, Qualcomm International, Inc. and Managing Director of Qualcomm Ventures China.