Hyperview, a provider of autonomous driving solutions, has received over 100 million yuan ($15 million) in a new round of financing exclusively from Aramco’s venture fund Prosperity7.
This marks the third round of financing raised by Hyperview within a year. Hyperview had closed its Series A+ round in September last year. In May 2021, it had garnered nearly 100 million yuan ($15 million) in its Series A round from GL Ventures, Linear Capital, and Sky9 Capital.
Hyperview will use the proceeds for product research and improvements in the production line.
Hyperview, which also counts Translink Capital, Walden International, Translink Capital as backers, started operations in 2018 in East China’s Hangzhou.
CHINA DEAL MONITOR
DealStreetAsia has also put together a table listing out all prominent venture capital transactions in the Greater China region on February 21 – 22, 2022.
