Easy Car News On May 13, Wenyuan Star, an autonomous driving startup, announced that it had completed hundreds of millions of dollars of financing in Series A, with a company valuation of 3.3 billion dollars, but did not disclose the specific financing amount.

This round of investment institutions include IDG Capital, Hechuang Investment, Cornerstone Capital, Cypress Star, Yunjiu Capital and K3 Ventures. And CMC Capital, Qi Ming Venture Capital and Yifeng Capital, the early investors of Wen Yuan Zhixing. Stay involved.

Wen Yuan Zhixing Weiruide was founded on 20 17, with its headquarters in Guangzhou and operating branches in R&D, Beijing, Shanghai, Nanjing, Wuhan, Zhengzhou, Anqing and Silicon Valley in the United States. The team size exceeds 400 people, of which more than 85% are R&D engineers. This financing is only more than 4 months from the last financing.

Last month, Wen Yuan Zhixing obtained a fully unmanned test license from California Motor Vehicle Authority (DMV), becoming the only startup company in the world with both China and the United States. At present, Wen Yuan Zhixing is conducting autopilot tests in China and the United States. In June 5438+this year 10, the company was approved to officially start the autopilot test in Haizhu District, Guangzhou.