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Autonomous driving, AI tech firm LightWheel AI secures Pre-A+ funding

Gabriella From Gasgoo| November 01 , 2024 17:59 BJT

Beijing (Gasgoo)- LightWheel AI, a Beijing-based tech company specializing in autonomous driving and embodied intelligence, recently completed its Pre-A+ funding round, which raised for the company tens of millions of yuan.

Autonomous driving, AI tech firm LightWheel AI secures Pre-A+ funding

Photo credit: LightWheel AI

The recent financing round was led by the Beijing AI Industry Investment Fund, with continued backing from existing investor Matrix Partners. The funding will support LightWheel AI's R&D enhancements in end-to-end autonomous driving and embodied intelligence technologies, as well as commercial growth and global expansion.

Founded in 2023, LightWheel AI focuses on delivering data-centric, end-to-end solutions, leveraging synthetic data to amplify human demonstrations. Through closed-loop simulation, the company advances self-play reinforcement learning (RL) capabilities, a key component in achieving spatial intelligence for complex applications.

LightWheel AI's core technology stack, built on the "Real2Sim2Real+Realism Validation" framework, provides high-fidelity, interactive synthetic data with 3D mixed rendering and physics-based realism. The company also focuses on pre-training and post-training stages, facilitating imitation learning models and enabling a novel self-play RL training paradigm through closed-loop simulation.

In the autonomous driving field, LightWheel AI formed partnerships with prominent OEMs and Tier 1 suppliers in China and abroad, delivering essential corner-case data services for autonomous driving. LightWheel AI also aids in the global expansion of Chinese brands by supplying comprehensive data solutions, supporting the mass production of end-to-end autonomous algorithms.

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