Intelligent Driving Software Firm Enjoy Move Completes B1 Financing
Enjoy Move, an intelligent driving high-performance computing software platform, announced on July 28 its completion of B1-round financing totaling nearly 100 million ($14.8 million). The funding was jointly led by Continental AG and Sense Capital, a subsidiary of SenseTime. Horizon Robotics, one of the firm’s round-A investors, made additional contributions this time.
The new funds are mainly to be used for improving the technical team, investing in R&D, accelerating product implementation and mass production, and enhancing the core competitiveness of the brand. Enjoy Move also reached a cooperation with Continental AG, and both parties will give full play to their respective advantages and jointly promote the development of intelligent driving system solutions for future travel.
Enjoy Move, established in 2018, focuses on R&D and service of high-performance computing software platforms and automated driving software for smart cars. It takes intelligent driving application operation system and embedded AI as its core technologies. Enjoy Move has established R&D centers in Shanghai, Chongqing and Shenyang.
Its self-developed EMOS software platform supports both deterministic communication and scheduling, meeting the requirements of ASIL-D safety level applications. Its smart driving software and smart domain control solutions equipped with EMOS are available in mass production for the best-selling models of many vehicle manufacturers.
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Huang Ying, the founder and CEO of Enjoy Move, said: “Since its establishment, Enjoy Move has insisted on independently developing software products with complete intellectual property rights for future high-level autonomous automated driving. After four years of development, our middleware products and communication protocol stack have been mass-produced in SAIC, Great Wall, Li Auto and other carmakers. Our shareholders include not only automakers and chip companies, but also application algorithm companies.”