(Yicai) Feb. 22 -- Haomo.AI, a Chinese autonomous driving startup backed by Chinese automaker Great Wall Motor, has raised more than CNY100 million (USD13.9 million) in its latest fundraiser.

The Series B1 financing round was made by Chengdu Wufa Private Equity Fund Management, the investment arm of Wuhou district in Chengdu, the capital city of China’s southwestern Sichuan province, Beijing-based Haomo announced today.

The proceeds will be used to enhance the company’s research and development capabilities and promote the industrial development of robotics products in Wuhou, the firm added.

“We are optimistic about the development of Haomo and expect the company to consolidate its leading position in mass-produced autonomous driving solutions,” said Xie Yong, chairman of Chengdu Wuhou Capital Investment Group, one of the backers of Wufa.

“We will continue to build our cutting-edge data intelligence system and enhance our R&D on the large model, computing power, and big data, explore applying autonomous driving in different scenarios, such as cleaning and security inspection, and help Wuhou establish itself as a demonstration zone for robotics in China,” Haomo’s Chief Executive Officer Gu Weihao said.

Haomo provides passenger carmakers autonomous driving capability in terms of code, module, software, hardware, cloud services, and full stack scheme. Its advanced driver assistance system HPilot, which has automatic braking and lane-changing functions, has been equipped in more than 20 vehicle models.

Haomo also has a Level-4 autonomous driving van fleet, which has already delivered nearly 300,000 grocery parcels for supermarkets in Beijing.

Editor: Futura Costaglione