EqualOcean was informed that on July 31, 2023, Suzhou Baichuan Data Technology Co., Ltd. （Chinese：苏州柏川数据科技有限公司）(hereinafter referred to as: Baichuan Data) has completed 10 million yuan of angel round financing, exclusively invested by COWINNIIM（Chinese：同创伟业） . This round of financing will be mainly used for technology research and development and team building to further enhance the company's Market Share.
Baichuan Data（Chinese：柏川数据）, founded in 2021, is a technology company focusing on AI data services for autonomous driving. It mainly provides one-stop services for Data Acquisition, cleaning, labeling, management, and storage for OEMs and autonomous driving solution providers, covering bicycle intelligence, Vehicle road coordination , and smart cockpit three scenarios.
Baichuan Data accelerates the layout of datasets, simulation databases and other cutting-edge technologies, and is committed to realizing the simulation scenario restoration and simulation testing of labeled data, as well as the recharge testing of end-to-end algorithms, finally opening up the data closed loop in the field of autonomous driving and accelerating the large-scale mass production of autonomous driving scenarios. On the other hand, Baichuan Data has established a scenario-driven data management SaaS platform, which runs through the whole process of Data Acquisition, cleaning, labeling, management and storage. Up to now, Baichuan Data has served more than 30 customers, including several industry leaders, full stack solution providers, key component suppliers, and monetization scenario providers.
EqualOcean consulted the data of JR Industry Consulting, and the scale of China's AI basic data services increased to CNY 5.47 billion（USD 848 million）in 2022. As of October 9, 2022, there were a total of 6,486 investment and financing events in China's artificial intelligence industry, with a total financing amount of CNY 999.40 billion . Autonomous driving will continue to release the demand for AI basic data services in the future, but the industry threshold will continue to rise, and service quality, service efficiency and data Know-How will become key considerations. AI basic data service industry is an important guarantee for the development of artificial intelligence algorithms, providing important data "fuel" for the development of artificial intelligence.
By checking the data on its official website, it can be found that Bochuan Data currently intends to expand to Europe and North America. Tong Ziping, partner of Tongchuang Albert, said: "Overseas, Scale AI has become an industry unicorn and occupies an excellent ecological niche. However, the competition landscape of the domestic autonomous driving data service has not yet been fully formed. With its advantages in business model , product technology, operation management, and industry accumulation, Bochuan Data is expected to accumulate in the field of autonomous driving data services and become the leader of the track. This is also the fundamental starting point for our investment in Baichuan Data. "
Domestic Baidu Apollo (Chinese：百度自动驾驶), Megvii Technology (Megvii)（Chinese：旷视科技）, Tucson Future (TuSimple)（Chinese 图森未来） are all head enterprises, and foreign Scale AI has become an industry unicorn, which is basically an excellent ecological throne.
Chen Yuelin, managing director of Tongchuang Albert, said: "We are optimistic about the comprehensive competitive strength and future development potential of Baichuan Data, and believe that Baichuan Data will occupy the commanding heights of the market."