Moshi Intelligence Completes C Round of Financing of Hundreds of Millions of Yuan

On June 20, 2022, Magic Vision completed a C round of financing worth hundreds of millions of yuan, with a valuation of about 2.5 billion yuan. Investors include Continental, Jinpu Investment, and Gao Capital. Magic Vision will increase R&D investment, expand production capacity, and ensure the mass production and delivery of autonomous driving products. The company is a leading full-stack autonomous driving product supplier in China and has established partnerships in multiple fields. The company expects operating income to exceed 150 million yuan in 2022.