Beijing (Gasgoo)- Bosch-affiliated venture capital, Robert Bosch Venture Capital (RBVC), has completed its investment in China’s autonomous driving chip supplier, Cambricon Singo, the latter announced on September 22.

Photo credit: Cambricon

Headquartered in Nanjing, Cambricon Singo, is the autonomous driving-dedicated arm of Cambricon, a Chinese intelligent chip developer. With its extensive experience in high-computing-power AI chips, Singo is developing chips that combine high TOPS with high programming flexibility to cope with the surging data volume and continuously evolving algorithms in future autonomous driving systems.

With its market advantages and the hardware and software ecosystem jointly built with its parent company, Cambricon, Singo will continue to provide local customers with better technical and product support through more efficient product R&D.

"China is the largest and fastest growing autonomous driving market in the world, and chips are the cornerstone of the autonomous driving industry. With its strong VLSI (very large scale integrated circuit) chip design capability and Cambricon’s AI ecosystem, Cambricon Singo will better facilitate the development of China's autonomous driving industry." Sun Xiaoguang, Partner of Bosch Venture Capital China, commented, "the investment in Cambricon Singo will further enrich our layout in the autonomous driving field."

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