Smart location and mapping service start-up Wayz.ai announced that it has raised a US$80 million series A round from undisclosed investors. Based on artificial intelligence, Wayz.ai provides location with high precision, HD map, real-time location based on cameras and sensors, safety testing and cloud-based solutions for autonomous driving vehicles. Wayz.ai was founded in 2017 by Vincent Tao, former CEO and founding partner of PPTV, an online TV provider in China. Tao was also the founding member of Microsoft Local and …

Chinese Smart Navigation Start-up Wayz.ai Raises $80M Series A Round appeared first on China Money Network.