Spatiotemporal intelligence tech firm Qianxun SI closes new strategic financing round

Beijing (Gasgoo)- On August 19, spatiotemporal intelligence technology company Qianxun SI announced the completion of a new strategic financing round, boosting the company's valuation to over 16 billion yuan.

Photo credit: Qianxun SI

The round was led by Beijing Information Industry Development Investment Fund, with investments from Shanghai Shuyu Dingyuan Private Investment Fund, Beijing Dongcheng District Science and Technology Innovation Industry Investment Fund, and Qingdao Zhonghe Xingyao Venture Capital Fund.

The funds raised will be directed towards enhancing Qianxun SI's full-spectrum spatiotemporal intelligence product and technology ecosystem, including low-altitude economy, vehicle-road-cloud integration, intelligent driving, and spatiotemporal chips. The company also aims to strengthen its collaborative ecosystem to further scale the application of the BeiDou Navigation Satellite System (BDS) and spatiotemporal intelligence across various industries.

Founded in August 2015, Qianxun SI utilizes data from the BDS, alongside GPS, GLONASS, and Galileo, to deliver high-precision positioning services. These services include centimeter-level positioning, millimeter-level perception, and nanosecond-level timing, supported by over 5,000 global GNSS augmentation stations and proprietary algorithms.

In the intelligent driving sector, Qianxun SI's FindAUTO solution has been deployed in over 30 vehicle models and secured production projects for over 100 models from major automotive brands such as SAIC Motor, Geely, XPENG, Li Auto, IM Motors, Leapmotor, Hongqi, and GAC AION. To date, the solution has accumulated nearly 2 billion service hours, supporting over 1.6 million intelligent driving vehicles.