Automotive Mar 01, 2022 11:27 AM (GMT+8) · EqualOcean
Yiou automobile on March 1, Beijing Xingyun Internet Technology Co., Ltd. (hereinafter referred to as "Xingyun Internet"), a vehicle road coordination solution provider, announced that it had completed nearly 200 million yuan of round B financing. This round of financing was led by China Holdings fund and jointly invested by Anhui traffic holding capital, Guoyuan venture capital, Hefei Industrial Investment and Wofu capital. Starbridge capital acted as the exclusive financial advisor for this round. This round of financing funds will be mainly used for on-board v2x product R & D and large-scale application, "car road cloud" product upgrading and accelerating the expansion of market resources. Xingyun Internet is an innovative high-tech enterprise providing integrated solutions for intelligent networked vehicles and intelligent transportation. It has four product systems: a full range of "vehicle road cloud" v2x products, a mass production v2x protocol stack, a v2x professional R & D and testing tool chain and a full scene vehicle road collaborative solution. At present, the company has provided overall solutions and product application systems for many domestic intelligent network pilot demonstration areas, vehicle manufacturers, autonomous driving enterprises, urban open roads, intelligent high-speed upgrading and construction and other scenes. Its business covers more than 30 cities, more than 10 vehicle manufacturers and primary parts suppliers in China, and the number of access intersections exceeds 2000.

This text is a result of machine translation.