WeRide.ai is a global leading company that develops Level 4 autonomous driving technologies, aiming to revolutionize urban living through autonomous driving. The company has secured strategic investments from top-tier global automakers like Renault-Nissan-Mitsubishi Alliance and Yutong Group, showcasing significant industry validation. WeRide is the first startup in the world to hold driverless test permits in both China and the US, demonstrating its pioneering position in the market.
Through strategic alliances with car makers, mobility, and logistics service platforms, WeRide offers a diverse product mix, including Robotaxi, Mini Robobus, and Robovan, catering to multiple services such as online ride-hailing, on-demand transport, and urban logistics. The company has successfully launched China’s first Robotaxi service in Guangzhou and conducted commercial pilot operations and fully driverless testing for Mini Robobus and Robovan, showcasing its commitment to innovation and deployment.
Established in 2017, WeRide.ai is headquartered in Guangzhou, China, with R&D and operation centers in several cities across China and the US. With over 800 highly skilled employees globally, the company showcases extensive domestic and international experience in R&D, business development, and operations.
The company recently secured a $100.00M Corporate Round investment on 31 October 2022 from China Development Bank Capital, further empowering its mission to drive the autonomous vehicle industry forward. WeRide.ai is well-positioned to continue its growth trajectory and solidify its influence in the autonomous driving sector.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Corporate Round | $100.00M | 1 | 31 Oct 2022 | |
Series D | $400.00M | 5 | China-Arab Investment Funds, Bosch | 31 Dec 2021 |
Series C | $310.00M | 10 | Co-Stone Venture Capital, CDB Equipment Manufacturing Industial Investment Fund | 13 May 2021 |
Series B | $300.00M | 8 | Zhengzhou Yutong Bus, Hengjian Emerging Industries Fund +1 | 13 Jan 2021 |
Series A | Unknown | 9 | Xiaopeng He, Renault-Nissan-Mitsubishi +2 | 31 Oct 2018 |
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