3. Pony.ai $300.0M
Description: Fremont-based Pony.ai is a developer of an autonomous driving technology used for the manufacturing of automated vehicles. Founded by James Peng and Tiancheng Lou in 2016, Pony.ai has now raised a total of $1.0B in total equity funding and is backed by investors that include Sequoia Capital, IDG Capital, KUNLUN, 5Y Capital, and Toyota Motor Corporation.
Investors in the round: FAW Group, Ontario Teachers’ Pension Plan
Industry: Artificial Intelligence, Automotive, Autonomous Vehicles, Information Technology, Software, Transportation
Founders: James Peng, Tiancheng Lou
Founding year: 2016
Total equity funding raised: $1.0B
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