Daily Archive: January 14, 2021
WeRide, a Guangzhou, China-based startup developing autonomous vehicle systems, this evening announced that it raised a total of $310 million in series B funding after completing series B2 and B3 rounds. The fundraising follows the closure of a $200 million strategic round by Chinese bus maker Yutong in December; this tranche added $110 million to WeRide’s series B haul..
Some experts predict the pandemic will hasten the adoption of autonomous vehicles for delivery. Self-driving cars, vans, and trucks promise to minimize the risk of spreading disease by limiting driver contact, which is perhaps why people across the globe trust the
… Read More
Short, snappy, entertaining videos have become an increasingly common way for young people to receive information. Why not learn English through TikTok-like videos too? That was what prompted Angelo Huang to launch Blabla.
Originally from Taiwan, Huang relocated to Shanghai in 2019 to start Blabla after working in Silicon Valley for over a decade. A year later, Blabla was chosen as part of Y Combinator’s 2020 summer cohort. The coronavirus had begun to spread in the U.S. at the time, keeping millions at home, and interest in remote learning was reviving.
“It was my eighth time applying to YC,”
… Read More