China’s LiDAR supplier LiangDao Intelligence completes A+ round

Beijing (Gasgoo)- China’s LiDAR system solution provider, LiangDao Intelligence, has completed its A+ financing round, raising over hundreds of millions of yuan. 

Photo credit: LiangDao Intelligence

SDIC Fund led the investment round. Participants of this round include the leading algorithm and software solution provider, ArcSoft. 

LiangDao Intelligence said that the funds would be put towards technology R&D and productization, accelerating the mass production and scale delivery of systematic, integrated LiDAR solutions.

As a LiDAR supplier, LiangDao Intelligence strives to promote the mass production and application of LiDAR systems in the intelligent driving and intelligent transportation fields.

The company offers a one-stop solution for automakers. Its services include LiDAR hardware integration, perceptual algorithm development, big data-based test and verification, and function iteration. The company possesses solid technical delivery ability in China and Europe. 

Meanwhile, LiangDao Intelligence has been actively expanding its business in the intelligent transportation area. Its roadside integrated perception system has landed multiple procurement orders from mainstream clients in China and Europe, providing an exceptional “Chinese solution” for all.   

Moreover, LiangDao Intelligence stands out from the crowded autonomous driving playfield for its experience in the German auto industry. Since 2015, its core founding team has been dedicated to autonomous driving development, realizing mass production and delivery by working with Chinese and German automakers.