Horizon Robotics raises $600M Series B at a $3B valuation

Feb 26, 2019 · Funding · Horizon Robotics · Ai Compute

Horizon Robotics raised approximately $600 million in Series B financing at a $3 billion post-round valuation, led by SK China, SK Hynix, and automotive investors.

Horizon Robotics completed a $600 million Series B at a $3 billion post-money valuation to expand its edge-AI processors for autonomous driving and AIoT.

Horizon Robotics company media
Company media · Horizon Robotics
  • Horizon Robotics announced approximately $600 million in Series B financing.
  • SK China, SK Hynix, and automotive groups led or co-led the round.
  • The company stated a $3 billion valuation after the Series B.

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