Chinese connected car firm PATEO bags almost $208m in fresh funding round

Chinese connected car firm PATEO bags almost $208m in fresh funding round

Photo by Eric Prouzet on Unsplash

PATEO, an Internet of Vehicles (IoV) technology service and product provider, has secured 1.5 billion yuan ($207.8 million) in an equity financing round. The investor details were not disclosed. 

Edited by: Joymitra Rai