"White Rhino" has closed its $100 million Series C financing round.

36Kr learned that on October 8, L4 autonomous driving firm White Rhino officially announced the completion of its Series C2 financing, bringing the total financing amount of the Series C round to 100 million US dollars. The Series C2 financing round was led by Hidden Hill Capital, with Xiangtan State-owned Capital, Shenzhen High-Tech Investment, Hunan Caixin, South Korea's Woori Financial Group, Bozheng Capital and other institutions participating in the investment. The funds raised in this round will be mainly used for the iteration of L4 end-to-end technology and physical AI capabilities, the continuous expansion of urban operation networks, as well as further deepening the ecological collaboration with industrial partners, so as to form a complete closed loop covering technology, products, operation and ecology.