Failures and Lessons

Roadstar.ai: A promising autonomous driving startup wrecked by infighting

  • China
  • 6 min read
  • Jul 25, 2019
  • By Hua Nan

© Roadstar.ai

No side benefits from the disputes, whether it is the founding team, investors or the employees

In November 2018, at the Fifth World Internet Conference in Wuzhen, autonomous driving startup Roadstar.ai made a huge impression on Chinese media by providing an autonomous driving shuttle service for attendees. According to a reporter from the Beijing News, the car he was riding in behaved like one driven by an experienced and skilled human driver.
Earlier that year, in May, Roadstar.ai had raised US$128m in its Series A funding round, a record high among Chinese autonomous driving startups. The round was led by Wu Capital and Shenzhen Capital Group with participation from CMB Internatio...

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Edited by Wendy Lovinger , Wang Xiao'e

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