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Freetech Intelligent Systems / Private Capital Markets

Freetech Intelligent Systems (1901036D CH)

<ul><li><a href="https://www.autofreetech.com/" target="_blank" rel="noopener">Freetech Intelligent Systems</a>, a China-based autonomous driving firm, has raised nearly US$100 million in its series B round, <a href="https://asia.nikkei.com/Business/36Kr-KrASIA/Chinese-self-driving-startup-Freetech-raises-nearly-100m" target="_blank" rel="noopener">Nikkei Asia</a> reported.</li><li>Chaos Investment led the round, with TCL Industries Holdings, BAIC Capital, and Hengxu Capital participating, among other investors.</li><li>Founded in 2016, Freetech creates a full-stack solution for autonomous vehicles, creating both software and hardware components to power cars.</li></ul>

Freetech Intelligent Systems, a China-based autonomous driving firm, has raised nearly US$100 million in its series B round, Nikkei Asia reported.Chaos Investment led the round, with TCL Industries Holdings, BAIC Capital, and Hengxu Capital participating, among other investors.Founded in 2016, Freetech creates a full-stack solution for autonomous vehicles, creating both software and hardware components to power cars.

Chinese driverless car firm nets nearly $100m series B money