Venture Capital
Eight Roads Ventures has partnered with ClearVue Partners, a private equity firm focused on the consumer sector of China, to lead a US$102 million series A1 round in autonomous driving firm Pony.ai, according to the latter’s announcement. New investors in the round includ Green Pine Capital Partners, CMC Capital, Redpoint Ventures China, Hong Kong businessman Adrian Cheng and Delong Capital. Existing investors including Sequoia Capital China, Morningside Venture Capital, DCM Ventures and Hongtai Capital also participated in the round.

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