China's self-driving tech firm ZongMu Tech nets $190m from Xiaomi, Denso, others

China's self-driving tech firm ZongMu Tech nets $190m from Xiaomi, Denso, others

Photo: Reuters

ZongMu Technology (Shanghai) Limited Company, a Chinese self-driving tech firm, secured a total of $190 million in its Series D round of funding that was closed in three tranches, per an announcement.