(June 3): An investment fund backed by Xiaomi Corp. is among a new slew of investors in Zongmu Technology Shanghai Co. as the Chinese autonomous driving system startup raised US$190 million in its latest funding round.

Zongmu conducted the series D fundraising in three stages and Hubei Xiaomi Changjiang Industrial Investment Fund Management Co. led the third phrase of the round, according to a statement on Thursday. Japan’s Denso Corp., Fosun Capital Group, Qualcomm Ventures and a fund backed by Chongqing Changan Automobile Co. also invested in this round.