“Uisee Technology” received Series B financing such as Bosch to promote the large-scale mass production of autonomous driving in the field of travel and logistics

36 Krypton learned that the autonomous driving solution provider “Yisee Technology” announced that it has obtained Bosch’s strategic investment in the B round of financing. Other investors include Shenzhen Capital (Shenzhen Innovation Investment Group), CICC Capital, Xiamen Seven Wolf Energy Conservation VC, PE and local strategic emerging industry funds such as the Environmental Protection Fund and Chongqing Liangjiang Service Industry Fund. The amount of this round of financing was not disclosed.

Established in 2016, UISEE mainly provides full-stack autonomous driving technology solutions for the two major areas of travel and logistics. The company has developed an unmanned driving solution based on the core technology U-Drive intelligent driving platform, which includes artificial intelligence algorithms, intelligent driving controllers, cloud unmanned driving service platforms, intelligent driving simulation systems and other Modules. It is currently in unmanned logistics Scenarios such as autonomous driving of cars, passenger cars, and unmanned micro-buses have been commercialized.

Uisee Technology stated that they are the “only mass-produced supplier” of domestic driverless smart logistics airport solutions and the first company to start the commercial operation of unmanned micro-buses.

Uisee Technology Product System (Source: Uisee Technology)

Wu Gansha, co-founder, chairman and CEO of Uisee Technology, said in a recent interview with Future Car Daily that they are now cooperating with passenger car manufacturers to mass-produce automatic valet parking and L2/L3 autonomous driving. , On the other hand, it is looking for landing scenarios in the field of commercial vehicle micro-bus and special-purpose vehicle unmanned logistics, and accumulating large amounts of data while earning income. And 2020 is regarded by him as the key node of real commercialization, which is “the moment when the bulls once boasted are truly realized.”

On December 30, 2019, after more than two years of R&D, testing and trial operation, Uisee Technology cooperated with Hong Kong International Airport to use unmanned logistics vehicles to provide luggage transportation services for passengers in the airport. According to the company, this is the world’s first unmanned normal operation project to operate in the actual airport operating environment, and the first unmanned freight commercial service, marking the unmanned “transportation” provided by Uisee Technology in the logistics field. “Key” solutions and service systems have begun to enter the stage of large-scale commercial use.

Uisee Technology’s unmanned logistics vehicle transports luggage in Hong Kong International Airport (Source: Uisee Technology)

The Bosch Venture Capital Co., Ltd. that participated in this investment belongs to the Bosch Group, and its investment activities are mainly concentrated in technology companies related to Bosch’s current and future businesses. At present, Bosch’s business includes automotive and intelligent transportation technology, industrial technology, consumer products, and energy and building technology, providing innovative solutions for smart homes, smart cities, interconnected transportation and interconnected industries.

Speaking of this investment, Dr. Ingo Ramesohl, managing partner of Bosch Venture Capital, said: “The L4 autonomous driving platform developed by Uisee Technology can meet the needs of improving logistics efficiency. Uisee Technology will further enrich Bosch Venture Capital’s autonomous driving Field investment portfolio, and bring more cooperation opportunities for Bosch.”

Uisee Technology stated that this strategic investment will help them break through the key issues of high-safety, multi-scenario L4 autonomous driving, build a vehicle intelligent computing platform as the core, and integrate software, hardware, algorithms, networked communications, and information security. An intelligent vehicle platform to complete a safe and reliable technology landing. At the same time, after this round of financing, Uisee Technology plans to further develop overseas markets for high-frequency, rigid-need operation scenarios.

Uisee Technology stated that they will continue to open up financing this year.

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