Weichai Industry Fund led the investment, and Mengzhi technology, an automatic driving company, won tens of millions of yuan of pre-A round of financing

On August 5, Mengzhi technology announced that it had completed the pre-A round of financing in the first half of 2021, which was led by Weichai industry fund and followed by investors such as boleton and Dechen capital. According to the introduction of Mengzhi technology, the funds raised in this round are mainly used for the landing and promotion of intelligent transportation capacity services and related solution products in the mining area, and expand the R & D, operation and marketing team. Mengzhi technology officially started operation in May 2018. The company has created a hierarchical architecture solution of "cloud, edge and end" for open-pit mining and other industries, with the technical ability of full stack of software and hardware. It has overcome the key technologies such as modular environment awareness system, high-precision all working condition positioning system, high-performance decision controller, vehicle domain controller, production scheduling platform and cloud service platform, and can provide customers with intrinsically safe intelligent transportation operation system solutions and operation services. Zheng Qifei, investment director of Guanya investment, said that Weichai industrial fund managed by Guanya investment mainly focuses on Weichai upstream and downstream industrial chain to invest in intelligent manufacturing and new energy, new materials, new technology and other fields. This time, Weichai industry fund joined hands with Mengzhi technology on this subdivision track, on the one hand, it is firmly optimistic about the landing application of automatic driving technology in mining areas, ports and other scenes, on the other hand, it fully recognizes the team, technology, products, business model and future planning of Mengzhi technology.