Xiaomi leads more than $50 million Angel+ financing for Huixi
The Chinese chip company attracted Xiaomi and venture investors as it built computing hardware and tools for automated driving.
Huixi Technology completed an Angel+ financing of more than $50 million, according to a December 8, 2022 report. Xiaomi led the investment, with Guoqi Investment, Cathay, MiraclePlus and GSR Ventures also participating.
Founded earlier that year, Huixi was developing high-performance automotive chips, software tools and driving systems for vehicle manufacturers. The company had research teams in Beijing, Shanghai, Hangzhou and Hefei.