In-vehicle LiDAR System Provider LiangDao Intelligence Completes Round A+ of Financing
In-vehicle LiDAR system provider, LiangDao Intelligence, recently completed an A+ round of financing worth over 100 million yuan ($15.8 million). This round of financing was led by SDIC and followed by ArcSoft. After obtaining the investment, LiangDao Intelligence will further increase its investment in technology R&D and the creation of new products while accelerating its mass production and delivery of LiDAR system integration solutions.
Since returning from Germany to start businesses in 2015, the core founding team of LiangDao Intelligence has been working in the field of automated driving. The team is deeply involved in the mass production and delivery of cutting-edge technologies for Chinese and German automobile manufacturers and boasts an exceptional vision and experience in landing projects around the world.
Headquartered in Beijing, the company has set up an intelligent application R&D and customer-oriented big data and engineering center. It also has a European Tech Center in Berlin and Business Centers in both Shanghai and Munich.
LiangDao Intelligence focuses on the development of smart LiDAR systems in the field of intelligent driving and forward-looking smart mobility aaplications. The company’s vision is to apply LiDAR to automated driving vehicles and smart transportation vehicles within the next decade in an effort to improve safety and efficiency.
The company provides automobile manufacturers with a one-stop solution for the mass production of LiDAR sensing systems, including LiDAR hardware integration, sensor algorithm development, and test verification and functional iteration services based on big data. At the same time, the company has been actively laying out the field of intelligent transportation, and its sensing fusion system has garnered contracts from several large customers in China and Europe.
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Finally, LiangDao Intelligence has established extensive collaboration with a number of other leading companies with core automated driving technology companies, including Great Wall Motor, Audi, VW, Magna, Navinfo, FEV, Ibeo, Ouster, and NVIDIA.
