Bosch’s Boyuan Capital invests in local autonomous driving company, G-PAL
Beijing (Gasgoo)- On February 18th, China’s autonomous driving startup, Geometrical Perception and Learning Co., Ltd. (G-PAL), announced that it had secured an exclusive investment from Bosch’s China investment arm, Boyuan Capital.
Photo credit: G-PAL
G-PAL is a vertically integrated autonomous driving developer, providing L2 to L4 machine perception and learning software/hardware integrated systems. The company produces cost-effective, all-weather, reliable, and production-ready solutions.
In the vast automotive intelligence industry, G-PAL believed that cooperation is the best way to reinforce its position. Currently, the startup is constructing an innovative ecosystem for R&D, manufacture, testing, and application. The company aims to form an industrial cluster with chips, software, systems, tests, and applications.
As one of the core sensing components in an intelligent vehicle, millimeter-wave radars are widely used in L3 and L4 autonomous driving solutions, ensuring their safety and redundancy. G-PAL was devoted to developing industry-leading 4D millimeter-wave radars with decision algorithms and software/hardware integration. The company has realized commercialization of its low-cost products, winning over multiple major automakers. Boyuan holds great confidence in G-PAL’s future development, said the partner and CEO of Boyuan Capital, Zhu Lin.
Additionally, G-PAL has completed an Angel round and Pre-A round of investments so far, with well-known investors participating, including ARM, Xiaomi, and Baidu’s venture capital arms.
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