Tsinghua Research Capital has participated in a $23m series A-plus round for the self-driving technology developer.

China-based autonomous driving system developer MaxiEye has closed a RMB150m ($23m) series A-plus round backed by Tsinghua Research Capital, a wholly-owned subsidiary of Tsinghua University, according to China Money Network.
Fosun Capital, the investment arm of conglomerate Fosun, led the round, which also featured Sharewin Investment, ZJ Innopark and unnamed others.
Founded in 2016, MaxiEye is working on driver assistance and autonomous driving technologies.
Automotive parts manufacturer Ruili Group supplied an undisclosed amount of funding in March 2020.
In June 2017, MaxiEye had already collected tens of millions of Chinese yuan in a pre-series A round co-led by One Capital and Milestone, with participation from Junzilan Capital.
 

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Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
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