Automatic driving start-up Yunji Zhihang completed hundreds of millions of yuan of angel round financing

Pegasus, a self driving start-up just three months old, recently announced the completion of hundreds of millions of yuan of angel round financing. This round of financing is led by Hillhouse venture capital and jointly invested by investment institutions such as Walden International, Yunhui capital, Songhe capital and country garden venture capital.

Members of the core technical team of Yunji Zhixing have been responsible for product technology research and development in Tesla, cruise, Magna, NVIDIA, apple and other top companies in the world. It is a rare entrepreneurial team in the industry with successful experience in mass production and landing of multiple autonomous driving products. The funds raised by angel rotation will be used for Yunji Zhixing to accelerate technology product R & D and market expansion.

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