Xiaomi-affiliated fund invests in Chinese in-car audio solution provider ZAFEN

Shanghai (Gasgoo)- Shanghai ZAFEN Automotive System Co., Ltd. (“ZAFEN”), a Chinese in-car acoustic solution provider, recently completed its Series A+ equity financing, which was backed by Beijing Xiaomi Intelligent Manufacturing Equity Investment Fund Partnership (L.P.), an industrial investment fund affiliated to Xiaomi Group, according to a local media outlet.

Founded in Jul. 2019, ZAFEN is a high-tech enterprise specializing in the design, development, production, and sales of automotive audio systems. It has built a core team composed of talents from internationally renowned audio brands and features full-chain R&D capabilities in the field of acoustics.

The company’s main products and technologies include high-end audio system, active noise reduction, intelligent connected vehicle communications modules, and other hardware products, as well as software technologies required in the field of in-car acoustics such as acoustic algorithms, sound tuning, underlying software architecture, V2X (vehicle-to-everything) communications, and over-the-air (OTA) upgrades.

Based on the aforementioned product and software algorithm capabilities, ZAFEN’s products can achieve functions such as 2D/3D immersive sound effects, active noise reduction, active sound wave, and independent space sound zone isolation sound effects in the field of in-car acoustics. The company can also provide customized in-car acoustic solutions according to the personalized needs of vehicle manufacturers.