China Tech Digest: Horizon Robotics Completed $1.5 billion Series C Round; Ant Group Unveiled "Trusted AI" System

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Horizon Robotics completed a $1.5 billion series C round, with a post-money valuation of $5 billion

Horizon Robotics, a smart automotive chip startup, has completed a $1.5 billion series C round financing with a post-money valuation of up to $5 billion. In its whole series C round, the number of investors announced so far has exceeded 35, including 5Y Capital, GL Ventures, Yunfeng Capital, Huangpu River Capital, Legend Capital, etc.

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