WeRide raises over $400M at $4.4B post-money

Mar 23, 2022 · Funding · WeRide · Automotive

WeRide closed a private financing exceeding $400 million at a $4.4 billion post-money valuation.

The financing materially stepped up WeRide's private valuation while adding strategic automotive and institutional backers.

WeRide company media
Company media · WeRide
  • Investors included GAC Group, Bosch, China-Arab Investment Funds and Carlyle Group.
  • The financing exceeded $400 million.
  • The transaction established a $4.4 billion post-money valuation while WeRide remained privately held.

WeRide develops autonomous-driving technology and commercial autonomous mobility products across robotaxi, robobus, robovan, robosweeper and ADAS use cases.