Fundraising

Q&A: TH Capital on why autonomous driving has regained its momentum

Self-driving truck company TuSimple has closed its $215 million Series D round of funding. We speak with the financial advisor on that deal about the development of the market.

Autonomous driving startups are back into the limelight.

TuSimple, a unicorn developing self-driving trucks, completed another round of funding this year at $120 million on Tuesday.

South Korean auto component manufacturer Mando Corporation led the follow-on Series D funding. CDH Investments also joined the round, together with existing investor UPS.

The company's Series D funding now totals $215 million. TuSimple raised an initial $95 million Series D round from Sina in February.

TH Capital continues as the financial advisor to the funding and vice-president Zheng Yu shared some of his thoughts on China's self-driving market with...

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