Boston’s ClearMotion funded by Nio Capital to switch on in-car metaverse in China

U.S.-China decoupling is expected to discourage cross-border investments between the two superpowers as investors shy away from sanctions and geopolitical risks. But in some areas, Chinese investors and American tech firms continue to find happy marriages.
ClearMotion, a Boston-based company that aims to make car rides less bumpy and more fun, just raised $39 million led by Nio Capital, a mobility-focused venture capital fund established by William Li, the founder of Chinese electric vehicle upstart Nio.
Getting backed by Nio Capital is a critical step in ClearMotion’s China expansion, t

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