Ontario Teachers' Pension Plan

Ontario Teachers' Pension Plan (OTPP) is a Canadian pension fund whose venture arm, Teachers' Innovation Platform (TIP), led Pony.ai's $267 million Series C round in November 2020 at a valuation exceeding $5.3 billion . The fund also participated in a subsequent extension that brought Pony.ai's total Series C to $367 million by early 2021, part of a roughly $900 million fundraising run for the autonomous driving company over twelve months .elsewhere's corpus does not cover OTPP's broader investment mandate, AUM, or non-China portfolio in detail.