Geely-backed automotive hologram developer LNGIN completes A+ round

Beijing (Gasgoo)- On June 20th, Geely-backed smart automotive display developer LNGIN announced the completion of its A+ financing round, raising nearly a hundred million yuan.

Photo credit: LNGIN

Geely Technology Group and Qianhe Investment are the participants in this round. LNGIN said that the funds will be put towards accelerating the volume production process of its automotive products, expanding and iterating its next-generation product portfolio, and the R&D of its core technologies.

Founded in 2017, LNGIN is dedicated to the novel display field, especially holographic 3D Hi-Fi technologies. The company’s products are widely adopted by the intelligent cockpit, smart living, media, and entertainment industries.

LNGIN is the first Tier 1 supplier to comply with automotive mass production standards regarding novel dimensional display worldwide. Its no-mediator AID (Aerial Holo Intelligent Display) has been standardized and packaged. The AID pushed forward the development of automotive screen-less display, helping the industry to build a smarter mobility experience.

As a partner of Geely Holding Group, LNGIN will work together with Geely to accelerate the mass deployment of LNGIN’s products onto vehicles. Geely will help LNGIN in technology development, application, industrial connection, and commercialization.