Horizon Robotics secures $150 million first Series C close

Dec 21, 2020 · Funding · Horizon Robotics · Ai Compute

Horizon Robotics secured $150 million in the first close of a planned Series C financing for automotive AI chips and autonomous-driving computing.

Horizon Robotics company media
Company media · Horizon Robotics
  • Series C first close: USD 150,000,000.
  • 5Y Capital, Hillhouse Capital and Capital Today led or co-led the financing.
  • Horizon Robotics secured $150 million in the first close of a planned Series C financing for automotive AI chips and autonomous-driving computing.

Horizon Robotics develops automotive AI chips, Journey processors and driving software for assisted and autonomous vehicle systems.