Rivotek Technology Completes Series A Financing

Automotive Author: Kaiwen Li Editor: Ziying Wu Mar 02, 2023 09:46 AM (GMT+8)

Recently, Rivotek Technology has completed its Series A financing round. With the support of the new financing, Rivotek Technology will continue to promote the development of products related to intelligent networked vehicles and accelerate the expansion of software-defined vehicle business.

financing

Rivotek Technology (Chinese: 润芯微科技) has completed its Series A financing round with investors including BAIC Capital (Chinese: 北汽产投), FWI Capital (Chinese: 永鑫资本), and Lead Investment (Chinese: 先导产投). With the support of the new financing, Rivotek Technology will continue to promote the development of products related to intelligent networked vehicles and accelerate the expansion of software-defined vehicle business.

Founded in July 2020, Rivotek Technology has a R&D scale of 1,000 people at the beginning of its establishment, and its core team has been working in the field of intelligent terminal and embedded software for more than 10 years. Rivotek Technology has also introduced senior R&D talents and engineering teams in the intelligent automobile industry, and is a leading software-defined car solution provider in the industry.

Rivotek Technology insists on technology innovation as the core, with embedded-related full-stack technology capability, focusing on core key technologies such as basic software, AI vision, and operating systems, and  realizing comprehensive coverage from chip layer, driver layer, system layer, application layer to the cloud. Rivotek Technology has more than ten years of technical precipitation in the fields of intelligent vehicles, intelligent terminals and Internet of Things.

In the future, Rivotek Technology will rely on its R&D advantages to further enhance the full-stack R&D capability of in-vehicle intelligent systems, continue to increase the layout of the automotive electronics industry, and promote upstream and downstream cooperation in the industry chain. Rivotek Technology will accelerate the integration of software and hardware, empower travel with digital, improve industry ecology through user experience, and strive to become the industry's leading software-defined automotive solution provider.