Bosch Ventures closes investment round in AutoCore.ai
NANJING, China, May 15, 2023 /PRNewswire/ -- 15th May 2023, automotive system software provider AutoCore.ai announces the completion of A+ round fundraising led by Bosch Ventures and BoYuan Capital, joined by existing shareholder GL Ventures.
- NANJING, China, May 15, 2023 /PRNewswire/ -- 15th May 2023, automotive system software provider AutoCore.ai announces the completion of A+ round fundraising led by Bosch Ventures and BoYuan Capital, joined by existing shareholder GL Ventures.
- It is reported that the lead investors of this round, Bosch Ventures and BoYuan Capital, are both investment funds of the Bosch Group, a global leader of automotive electrical and electronic architecture.
- With the completion of this round of strategic investment, AutoCore.ai and the Bosch Group will cooperate in depth at both capital and business levels, jointly building an innovative model based in China for the world.
- GL Ventures partner Qiang Li says, "GL Ventures has been supporting AutoCore.ai since Pre-A, this is our third consecutive investment into AutoCore".