Chinese autonomous driving firm Momenta has led a CN¥500m (US$69.7m) Series A funding round for compatriot e-truck startup Zeron, marking the company’s first investment in the commercial vehicle sector. The round was co-led by Xinghang Venture Capital and Chentao Capital, with participation from multiple investors including Guofa Wenxin, Loudong Industrial Fund, and existing shareholder Tianshan Capital.
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