Enjoy Move nabs nearly 100 million yuan in Series B2 funding

Beijing (Gasgoo)- On June 30, Shanghai-based automotive intelligence solution provider Enjoy Move announced the completion of a nearly 100-million-yuan Series B2 funding round. 

Photo credit: Enjoy Move

The investment was led by V Fund, with participation from ChiFortune Venture Capital, and Glen & Vale. The funds raised will primarily be allocated towards product development and talent acquisition, said Enjoy Move. 

Founded in 2018, Enjoy Move focuses on the research, development, and service of high-performance computing software platforms and autonomous driving software products. With intelligent driving application-level operating systems and embedded artificial intelligence as core technologies, Enjoy Move is dedicated to driving the advancement of the automotive industry.

The company's independently developed high-performance computing software platform, EMOS, serves as a middleware platform for whole vehicles, specifically designed for autonomous driving and central computing. EMOS supports heterogeneous and multi-chip high-performance computing, providing the entire vehicle with global time synchronization, global task scheduling, and various system services. 

In terms of intelligent driving applications, Enjoy Move's full-stack self-developed low-speed autonomous driving algorithm, the EM-Parking System, boasts exceptional technical capabilities. It provides high-precision surrounding environment perception for free driving and real-time low-speed parking path planning. With the ability to park within 30 seconds, the EM-Parking System supports various parking scenarios, including multi-story parking and drag parking, delivering an ultimate parking experience for users. 

The EM-Parking System has low computing power requirements and is compatible with mainstream chip platforms, enabling manufacturers to achieve mass production in as fast as three months and expedite the implementation of autonomous driving.

Currently, EMOS-enabled intelligent driving software and domain control solutions have been successfully integrated into multiple vehicle models, including those from Li Auto, SAIC Motor, NETA Auto, and Great Wall Motor.