{"id":314363,"date":"2021-08-03T14:43:12","date_gmt":"2021-08-03T11:43:12","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/xiaomi-invests-in-a-second-self-driving-company-within-three-months\/"},"modified":"2021-08-03T14:43:12","modified_gmt":"2021-08-03T11:43:12","slug":"xiaomi-invests-in-a-second-self-driving-company-within-three-months","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/xiaomi-invests-in-a-second-self-driving-company-within-three-months\/","title":{"rendered":"#Xiaomi invests in a second self-driving company within three months"},"content":{"rendered":"

“#Xiaomi invests in a second self-driving company within three months<\/strong>”
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After establishing its might in the smartphone business, Xiaomi wants to make a dent in the mobility industry through various investments.<\/p>\n

On Monday, the company participated in a pre-series<\/a>-A round of investment into a self-driving company called Geometrical Partner. Xiaomi led the $62 million investment along with Matrix Partners China and Baidu Ventures.<\/p>\n

The self-driving car startup was founded in 2018, and provides L2-L4 level of autonomous driving solutions in hardware and software. As per 36kr<\/a>, it used self-developed 4D\u00a0millimeter wave\u00a0imaging radar instead of traditional millimeter wave. The startup is also working with various car manufacturers to install its systems in passenger cars by 2023.<\/p>\n

In June, Xiaomi participated in a $190 million series-D round in another self-driving start-up called Zongmu.<\/a><\/p>\n

In March, the Chinese technology<\/a> company unveiled its own plans to build an electric vehicle. It also set up a $10 billion fund to make its mobility dreams a reality.<\/p>\n

A report by Reuters published at that time suggested that the firm is planning to launch its first vehicle by 2023<\/a>.<\/p>\n<\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Xiaomi invests in a second self-driving company within three months” After establishing its might in the smartphone business, Xiaomi wants to make a dent in the mobility industry through various investments. On Monday, the company participated in a pre-series-A round of investment into a self-driving company called Geometrical Partner. Xiaomi led the $62 million investment…<\/p>\n","protected":false},"author":1,"featured_media":314364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/img-cdn.tnwcdn.com\/image\/shift?filter_last=1&fit=1280,640&url=https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2021\/08\/Xiaomi.jpg&signature=bc13453f61222aa3c618ab670fc5ffd7","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-314363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/314363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=314363"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/314363\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/314364"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=314363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=314363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=314363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}