February 24, 2025
GAC-backed HoloMatic completes new fundraising worth $42 million

Chinese autonomous driving supplier HoloMatic recently completed a Series C funding round, raising 300 million yuan ($42 million). The fundraising was led by the state-owned Technology Financial Group in Guangdong province and Chinese OEM Guangdong Automotive Group (GAC). Founded in June 2017, HoloMatic offers intelligent driver assistance and parking solutions and provides automakers with self-developed [……
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