Just four months after concluding its Series B Funding, Hyperview completes another round of backup
Chinese autonomous driving technology company Hyperview (Chinese: 宏景智驾）has announced the completion of Series B+ Funding on September 13, 2023 - just four months after concluding its Series B Funding.
This round of financing totaled over CNY 600 million and was co-invested by Hefei Industrial Investment, China On Capital, and Classy Solid Asset Management, among others. Prosperity7 Ventures affiliated to Saudi Aramco, an established shareholder, is making an additional investment in this round.
The funding will support the development of the next-generation ADAS advanced assisted driving system and high-level autonomous driving solutions while also strengthening the company's talent system. Additionally, it will launch the pre-research of frontier automated driving technology, laying a solid foundation for subsequent mass production of vehicles.
Hyperview prioritizes research and development in high-level intelligent driving solutions, and the mass production of such systems.
During the last five years, it has pioneered intelligent camera and domain controller solutions, based on Horizon Journey 2 and Journey 3 chips, which have been successfully put into mass production, earning acclaim from customers and consumers.
Hyperview currently mass-produces and utilizes just-in-time production in 30 vehicle models for major auto manufacturers, including Li, SAIC, GWM, Chery, JAC, BYD, and Hozon. Additionally, it collaborates with top international Tier1 firms to expand its overseas market. There are expectedly over one million cumulative production orders.
As an intelligent driving solutions provider, Hyperview has expertise in L2+ level autonomous driving algorithms, parking algorithms, and ADAS (Advanced Driving Assistance System) algorithms.
Previously, Hyperview successfully mass-produced the Highway Pilot Assistance function for top domestic autonomous vehicle manufacturers. This year, the company has also mass-produced its new-generation parking algorithm in popular models of leading domestic new energy vehicles. Hyperview plans to collaborate with additional partners to promote the collective production of higher-level intelligent driving algorithms, utilizing standardized language and precise word choice.
Hyperview has strategically partnered with top companies in the intelligent driving industry such as NVIDIA, Horizon Robotics, Tencent, SemiDrive, Ambarella, Lanyou Technology, and Marrelli. Expect more cutting-edge products, technologies, and solutions to be launched in the future. Ultimately, Hyperview's intelligent driving system will be designed to ensure that a wider range of consumers travel safely and conveniently.