Robosense Receives China's Largest Funding for a Lidar Company.

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RoboSense, a leading autonomous driving LiDAR perception solution provider, have announced the completion of China's largest-ever single round of financing for a LiDAR Company--a combined investment of over $45 million (RMB 300 million).

The strategic funding is provided by technology and industry leaders, including Cainiao Smart Logistics Network Ltd., the logistics arm of the Alibaba Group; SAIC Motor Group (Shanghai Automotive Industry Corporation), the largest publicly-traded auto manufacturer in China's A-Share; and BAIC Group (Beijing Automotive Industry Holding Co.) electric vehicle company.

With an...

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