Tsinghua Innovation Ventures
Assembly Line
Chinese driverless port transport startup secures new funding
Senior Automation, a Chinese startup providing driverless solutions for port transport, has raised more than 100 million yuan (about $14 million) in a series A+ funding round, a 36Kr survey found. The new investment in Senior Automation was led by Tsinghua Innovation Ventures and Winreal Investment. The other investors that participated in the latest funding round also include Estar Capital. Senior Automation will use the funds to increase investment in research and development, expand its driverless operations in the area of port transport and develop new commercialization scenarios.