Bosch's capital arms invest in Chinese automotive software developer AutoCore

Beijing (Gasgoo)- AutoCore.ai, a Chinese automotive software provider, announced on May 15 that it has successfully secured a strategic investment from Bosch's venture capital arms, Bosch Ventures and Boyuan Capital. 

The company’s existing investor, GL Ventures, also participated in this funding round.

Photo credit: AutoCore.ai

Since its establishment in 2018, AutoCore.ai has rapidly evolved into a global automotive software platform company, offering middleware products, foundational software, algorithm software, and application software authorization services based on its self-developed Autocore.OS software platform. 

The company’s comprehensive capabilities can help clients establish a unified in-vehicle data link platform, ensuring system-level functional safety. AutoCore.ai is dedicated to creating real-time, deterministic, secure, and efficient communication, transmission, scheduling, and planning of vehicle data.

AutoCore.ai aims to collaborate with Bosch in exploring new technologies and products, responding to the rapidly changing demands of the global automotive industry at a larger scale and faster pace. Meanwhile, Bosch believes that AutoCore.ai will strategically benefit from its powerful software-defined automotive network and community by leveraging synergies with its group entities and partners.