Beijing (Gasgoo)- ThunderX Auto Technology Co., Ltd., a subsidiary of ThunderSoft, announced the recent completion of a financing round with Qualcomm Ventures.
Photo credit: ThunderX
According to ThunderX, the funding will be put to strengthen the company’s R&D in autonomous driving core technologies, facilitate high-quality mass production, and establish a talent training system.
As a subsidiary of ThunderSoft specializing in domain controller computing power platforms, ThunderX takes full of ThunderSoft's technical advantages in operating systems and real-time software platforms. The company deeply explores and plans for an open intelligent driving platform that provides software and hardware for domain controllers and integrated domain controllers.
ThunderX aims to build a flexible business model with its customers and become one of the world-leading providers of intelligent vehicle computing platforms.
Up to now, ThunderX has established in-depth strategic cooperation with several leading manufacturers and suppliers of chips, sensing devices, hardware, and algorithms. The company serves the automotive intelligence industry with various services, including open platforms and turnkey platforms.
Notably, with a 13.11% stake, Qualcomm has already been a shareholder of ThunderX since May 30th.
