SAIC Capital Invests In Chinese Intelligent Driving System Provider CalmCar

CalmCar, an intelligent driving system supplier, announces today that it has raised around RMB100 million (US$14.1 million) in a Series A2 round of financing. SAIC Capital, an investment subsidiary of Chinese carmaker SAIC Motor, and Beijing Connected Vehicles Development fund are the investors. Beijing Connected Vehicles Development Fund is managed by intelligent transpotation-focused China TransInfo […]

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