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Autonomous Mining Solutions Provider Waytous Raises $47M

Jan 13, 2022over 3 years ago

Amount Raised

$47 Million

Description

Waytous, a Chinese provider of autonomous solutions for the mining industry, announced on Thursday that it has raised nearly 300 million yuan of financing to help the firm further expand product commercialisation.

Company Information

Company

Waytous

About

Waytous, a Chinese provider of autonomous solutions for the mining industry, announced on Thursday that it has raised nearly 300 million yuan of financing to help the firm further expand product commercialisation. The Beijing-based startup develops products including autonomous mining trucks and semi-autonomous excavators, as well as compatible software and hardware for virtual testing and intelligent fleet management.

Funding Insights

Based on industry data
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