WeRide closes preferred financing at $5.1B post-money
WeRide completed its Series D+ preferred-share financing at an implied $5.1 billion post-money valuation.
Why it matters
The round set WeRide's final disclosed private financing mark before its later public-market transactions.
Evidence notes
- Company securities disclosures identify a $5.0 billion implied pre-money value and $5.1 billion implied post-money value.
- The preferred-share purchase agreement was dated October 29, 2022 and the completed financing preceded WeRide's public listing.
- The mark is retained as a historical private financing valuation, not a public-market capitalization.
Company context
WeRide develops autonomous-driving technology and commercial autonomous mobility products across robotaxi, robobus, robovan, robosweeper and ADAS use cases.