White Rhino announced the completion of its Series C1 financing.

36Kr learned that on May 6, the L4 autonomous driving company "White Rhino" officially announced the completion of its Series C1 financing. This round of financing was jointly invested by strategic investor Global Logistics Industry Capital, Shenzhen Nanshan Strategic Emerging Industry Investment, and existing shareholder Yuanhe Hope Capital. The funds will be mainly used for the R & D and iteration of core technologies, large - scale mass production of vehicle - grade products, commercial expansion in multiple scenarios, and global market layout.