Recently, Yinjia Technology, a leader in smart travel technology, completed a B+ round of financing exceeding RMB 100 million. This financing was led by Bank of Communications Capital and Zhenghai Capital, followed by Huitongda and Xincheng Capital. The funds raised will be mainly used for technology research and development and overseas market expansion to continue to optimize product performance, enhance market competitiveness, and continue to meet global needs. User needs for smart driving/smart cockpit.
As a pioneer in the field of intelligent travel, Yinjia Technology has been committed to the research and development and mass production of intelligent driving technology since its establishment in 2013. With its excellent technical strength and precise market positioning, Yinjia Technology has won cooperation and recognition from mainstream car companies in the field of intelligent driving. Beginning in 2023, the company will deepen its advantages in sensing technology, gradually expand its core business from smart driving to smart cockpits, and launch in-vehicle smart display products such as Smart Lighting and Head Up Display, which will greatly enrich the fun and convenience of driving, and can also Combined with the ADAS system, it provides drivers with a safer human-computer interaction experience.
"We are very pleased to gain the trust and support of investors," said Chen Yinren, founder and CEO of Yinjia Technology: "The company is one of the few startups in the industry with rich solutions for smart travel. Its three core business segments are VT-CAM Smart The Perception Series, VT-Pilot® Intelligent Driving Series, and VT-Cockpit Intelligent Cockpit Series can provide OEMs with customized software and hardware solutions and technical support. Next, in order to better meet the needs of the global market, Yinjia Technology will We will continue to explore overseas markets and jointly promote the popularization and application of smart travel technology by establishing long-term cooperative relationships with many well-known automobile manufacturers around the world.”
BoCom Capital is a wholly-owned private equity investment platform under the Bank of Communications. As one of BoCom Group's main equity investment business carriers, BoCom Capital focuses on serving the construction of Shanghai's international financial center and science and technology innovation center, focusing on industrial optimization and upgrading and Businesses related to sustainable development, such as corporate restructuring and equity investment, integrate the group's resources and give full play to the group's full license advantages to continue to support technological innovation and assist the development of the real economy.
Zhenghai Capital is a professional venture capital institution focusing on equity investment in high-tech, high-growth and innovative companies. It has invested in nearly 100 growth companies, of which 14 companies have IPOed and more than 30 companies have successfully exited. The cumulative management scale exceeds RMB 8 billion, and the scale under management is nearly RMB 5 billion.
Huitongda (9878.HK) is China's leading industrial Internet company. New energy travel is one of the six major sectors of Huitongda's layout in the lower market. In the past two years, Huitongda has continued to "increase investment" in brand operation and industrial chain extension. Industrial partners There are many BYD (002594), GAC Aion, Nezha Automobile, Guoxuan Hi-Tech, Chihong Zinc and Germanium, Haichuang Cycle, etc.
Xincheng Capital is a wholly-owned private equity fund management company affiliated with Suzhou High-speed Railway New City State-owned Assets Holding (Group) Co., Ltd. As of the end of 2023, Xincheng Capital has completed a total project investment of nearly 3 billion, including Momen Tower, Cao Cao Travel, and Tu Well-known companies such as Datong, Yikatong, Qingzhou Zhihang, and Runxinwei.
Founded in 2013, Yinjia Technology focuses on the research and development and commercial implementation of full-stack self-research, highly integrated smart driving, smart cockpit-related hardware, software algorithms and high-end domain control systems. It focuses on upgrading customer experience and continues to delve into the automotive market to provide Provide customers with safe and efficient smart travel solutions.
Source: Yinjia Technology
The original text was originally published on WeChat official account (New Automotive Technology Information): Yinjia Technology completed over 100 million yuan in Series B+ financing to accelerate the layout of high-end intelligent driving
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