WeRide
PublicLast Round
Private Placement
Oct 25, 2024
Est. Valuation
$4.21B
Total Funding Raised
$1.43B
Company Overview
WeRide is an autonomous driving company that offers a comprehensive technology platform for vehicles ranging from L2 to L4, including products like Robotaxi, Robobus, Robovan, and Robosweeper.
Sector
Autonomous Vehicles
AI Layer
Application
Keywords
universal autonomous driving platformfull-stack autonomous driving solutionLevel 2 to Level 4 autonomous driving technologyautonomous ride-hailing vehiclesautonomous street sanitation vehicleautonomous passenger shuttleautonomous logistics and delivery vanAdvanced Driver-Assistance System (ADAS) solutionsautonomous vehicle fleet operationB2B autonomous vehicle salesB2G smart city mobility solutions
WeRide Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
WeRide Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Private Placement | Oct 25, 2024 | ||||
| IPO Announced | Oct 25, 2024 | ||||
| Series D Extension | Nov 23, 2022 | ||||
| Series D | Mar 23, 2022 | ||||
| Strategic | Dec 14, 2021 | ||||
Series C | Jun 23, 2021 |
WeRide Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| China Chengtong Fund Management Co., Ltd. | Series C |
| CA Funds | Series D |
| China Development Bank Capital | Series B, Series D Extension |
| Idinvest Partners | Series A |
| OceanIQ Capital | Series A |
| Guangqizhixing Holdings Limited | IPO, Private Placement |
| Guangzhou Science City Venture Capital | Series B |
WeRide Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Firmographic Details
HeadquartersGuangzhou, Guangdong
Employee Range406
Year Founded2017
Last FundingOct 25, 2024