JIMU Intelligent, the global leading intelligent driving solution provider, has successfully raised CNY 200 million in a Series C1 funding round. This round was jointly led by Forebright Capital and SDIC Unity Capital, followed by well-known institutions such as AVIC Pingshan, Founder H Fund, MY Tsinghua Capital, UMC Capital and others.

HGC Capital has been supporting JIMU since its Pre-A round.

The capital raised will allow JIMU Intelligent to further increase its R&D investment in intelligent driving, connectivity, and autonomous driving in specific scenarios, and continue to expand its customer base, and accelerate the mass production of high-level intelligent driving technologies.

Since its founding in 2011, JIMU Intelligent has been committed to becoming an internationally competitive intelligent driving solution provider, providing global OEMs and Tier-1 suppliers with self-developed leading intelligent driving solutions based on multi-sensor fusion and domain controllers. Relying on the industry-leading technology and cost-effective advantages, JIMU’s intelligent driving products have been applied in batches to around 100 models of nearly 30 OEMs globally. Up to now, JIMU Intelligent has won multiple passenger vehicle ADAS projects, supplying 80%+ head bus OEMs and 60%+ head truck OEMs in China, ranking top three in the market share of commercial vehicle L1-L2 solutions among Chinese companies.

According to the data from GGAI, JIMU Intelligent has assisted 37 bus models to pass LDWS tech tests up to 2020 Q1, ranked first in China, far exceeding other suppliers.

In addition to the LDWS, JIMU Intelligent also provided AEB perception and decision solutions to many top Tier-1 listed above, and assisted over 20 bus models passed AEB tech tests.

JIMU Intelligent AEB Solution Fitted to Passenger Vehicles in Japan Market