On March 24th, UISEE Technologies, an innovative driverless service supplier, formally revealed the conclusion of a round C funding worth numerous hundred million yuan. This round of financial investment was led by Dongfeng Asset Management and Chongqing High-tech Holdings under Chongqing High-tech Development and Construction Investment Group. The funds will speed up the broad-based growth of UISEE Technologies in essential tactical markets.
Yin Ming of Dongfeng Asset Management talked about the offer: “As a leader in business automatic driving amongst execution option companies, UISEE Technologies has actually shown its full-stack technological abilities in a number of crucial service circumstances. We eagerly anticipate even more enhancing the cooperation in between our business and depending on our particular resources in the future. These will consist of automated driving presentation tasks such as the mass production of automobile, industrial cars and farming equipment and devices in execution, so regarding construct an automatic driving community of innovation, market, and capital.”
Zhang Mengya of Chongqing High-tech Holdings likewise discussed the funding: “Automobile intelligence has actually constantly been our focus and instructions. This cooperation with UISEE Technologies will speed up the development of the business’s mass production of automobile for factory setups, and even more enhance and enhance the regional vehicle environmental cooperation chain and put in the commercial heap impact by counting on the automobile head office established by the business in Chongqing.”
With the assistance of the 2 brand-new investors and the city government, UISEE Technologies will establish an automobile company head office in Chongqing, and use L4-level U-Drive ® innovation to factory-installed mass production fields such as L2+ and L2++, which can offer item matrices such as Robobus, Robotaxi, unmanned shipment automobiles and unmanned police car.
Established in 2016, UISEE Technologies leads in the development of “All situation + Unmanned + All-Weather” options. Based upon the business’s own “U-Drive ®” platform, it has the ability to execute the massive, quick duplication of unmanned services in various situations to satisfy the top-level situational needs of its clients.
The business is among the very first business in China to execute unmanned industrial applications, and has actually effectively constructed a standard for unmanned logistics application in big airports such as Hong Kong, Guangzhou, Urumqi and Xianyang, Xi’an. Smart logistics services have actually been provided for the car, chemical, tobacco, food and other markets, and more than 30 leading market partners have actually effectively assisted to perform digital intelligence change and upgrades.
SEE ALSO: UISEE Launches Unmanned Tractor Pilot Project at Guangzhou Airport
Wu Gansha, CEO of UISEE Technologies, is positive about the future advancement of the business: “In breadth, UISEE Technologies will continue to enhance the technical and industrial path of “model generalization and situational plan”. It has actually ended up being the very first option for automated driving upstream and downstream partners of countless organizations on the planet. In depth, it leverages the resources of Dongfeng Motor Corporation and Chongqing to speed up the mass production of a “universal design together with the most challenging situation” in automobile items, and produces a design of “quantum shift” formed by the collaborations of capital, market, and federal government.”
Since February 2023, the business operation mileage of UISEE Technologies to security officers has actually surpassed 2 million km. At present, it has actually worked together with lots of primary engine factories and Tier 1 advancements.
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