Industrials Jun 17, 2021 03:03 PM (GMT+8) · EqualOcean
Zhuo Shi Zhitong announced tens of millions of yuan of round a financing, which was led by Qualcomm venture capital, led by Yaotu capital, and acted as the exclusive financial consultant by Junyi capital. Established in 2010, zhuoshitong is a provider of traffic video fusion perception and digital twin solutions based on 5g + AI. The company focuses on the R & D of vehicle face recognition, pedestrian recognition, traffic scene recognition, traffic video analysis, big data technology and other technologies, and is committed to the application of artificial intelligence in the vertical industry of traffic and safety, as well as the industrial implementation of 5g in the key areas of "new infrastructure" such as urban brain, vehicle road collaboration, and smart highway. Wu Kewei, CEO of ZhuoZhi Zhitong, believes that the company's traffic incident analysis technology and products have been applied to tens of thousands of kilometers of expressways across the country, accumulating the most complete picture library and video data of different scenes in the transportation industry. In terms of face recognition accuracy, the company has higher recognition accuracy and has formed its own technical barriers in the industry. At present, the company has formed a series of mature and reproducible hardware and software products, and has passed the authoritative testing and CMMI3 level certification of the Ministry of communications and the Ministry of public security. Yang Guang, founding partner of Yaotu capital, said that the team of ZhuoZhi Zhitong has been deeply engaged in AI + transportation for nearly ten years, accumulated multi scene and multi-dimensional core algorithm capabilities in vehicle feature recognition, road incident detection and other fields, iterated and built an integrated software and hardware solution of "end + edge + cloud", representing the first-line level of intelligent transportation industry, It has been recognized by more than 20 customers in China.