WeRide Raises $440.5M Via US IPO And Placement To Fuel Its Autonomous Driving Vision, Valued At Over $4B
China-based autonomous driving startup WeRide announced on Friday that it raised $440.5 million via an initial public offering in the U.S., alongside private placement. The company’s American Depository Shares (ADS) have been approved for listing and are expected to begin trading on the Nasdaq Global Select Market on Friday.