China's intelligent driving developer In-driving lands two-digit million yuan
Beijing (Gasgoo)- In-driving (Huanyu Zhixing in Chinese), a Wuhan-based intelligent driving startup recently closed its new financing round with two-digit million yuan raised.
Photo credit: In-driving
The funds will help In-driving reinforce its product R&D and mass production. Aside from the current R&D and product center in Wuhan, the startup will settle its headquarters in Suzhou, Jiangsu province.
In-driving was founded in 2014 as an autonomous driving algorithms and computing platform developer. The company had completed its Pre-A, Pre-A+, and Series A financing rounds in March, May 2019, and September 2021 respectively.
In-driving’s product portfolio includes the HiParking intelligent parking system, HiPilot intelligent driving system, Athena autonomous driving software, and the Titan series autonomous driving domain controllers.
The company has acquired authorization from Ambarella and Horizon Robotics for their high-computing power chips. Its domain controllers are equipped with processors from NVIDIA and Texas Instruments.
In-driving’s mature panoramic autonomous driving algorithm realizes 360° all-scenario road edge segmentation, 3D target detection, deep information computing, and driving zone recognition functions. The corresponding technologies were deployed to vehicles from FAW Hongqi, Dongfeng Motor’s VOYAH, and Geely.
According to In-driving, the company is currently working on commercializing its L2+ intelligent driving products, and partnering up with more automakers for mass production.
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