Exclusive: Autonomous driving startup Pony.ai raises $500 million in Toyota-led funding- sources
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HONG KONG/BEIJING (Reuters) - Autonomous driving firm Pony.ai has raised around $500 million in its latest funding round, led by an investment by Japan's largest automaker Toyota Motor Corp , two people with direct knowledge of the matter told Reuters. Toyota's cheque of around $400 million marks its biggest investment in an autonomous driving company with a Chinese background, the sources said on condition of anonymity as they were not authorised to speak to media.The latest fundraising values..