Xiaomi invests in a second self-driving company within three months

After establishing its might in the smartphone business, Xiaomi wants to make a dent in the mobility industry through various investments.

On Monday, the company participated in a pre-series-A round of investment into a self-driving company called Geometrical Partner. Xiaomi led the $62 million investment along with Matrix Partners China and Baidu Ventures.

https://thenextweb.com/news/xiaomi-second-self-driving-investement