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 along with Matrix Partners China and Baidu Ventures.
As per36kr, it used self-developed 4D millimeter wave imaging radar instead of traditional millimeter wave.
The startup is also working with various car manufacturers to install its systems in passenger cars by 2023.
In June, Xiaomi participated in a $190 million series-D round inanother self-driving start-up called Zongmu.
In March, the Chinese technology company unveiled its own plans tobuild an electric vehicle.
It also set up a $10 billion fund to make its mobility dreams a reality.
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That’s one heck of a mixed bag.
He likes to say “Bleh.
That’s one heck of a mixed bag.
He likes to say “Bleh.”
