MINIEYE received 270 million yuan in Series C financing to create a closed loop from perception to data.

The auto market is cold and the capital is cold, but the enthusiasm for investment in the smart field is undiminished. 654381October 27th, Shenzhen Youjia Innovation Technology Co., Ltd. (hereinafter referred to as "MINIEYE"), a developer of autonomous driving perception technology, announced the completion of the 270 million yuan Series C financing.

This time, the investor lineup is very strong, including Harvest Investment, the investor of Horizon, an edge artificial intelligence chip, and Fang Dongfang Fuhai, an important shareholder of Li, and ODM? Shanshan Venture Capital, Hua Qin's head office in the field of communication and new energy, and in? b? Four-dimensional Tuxin and Kang Chengheng, the old shareholders who led the investment in this round of financing, continued to increase their holdings. ?

Mini eyes? Founded in? 20 13? In China, we are committed to providing reliable perception and decision-making solutions for self-driving cars with artificial intelligence technology, which not only improves the degree of driving automation, but also reduces the traffic accident rate and ensures the driving safety of drivers and passengers. Over the years, MINIEYE has been focusing on technological innovation and product landing to maximize the commercial value of technology.

20 18,MINIEYE? With the approval of the main engine factory, mass production in the pre-installed market is realized. At present, the main engine plants that have been designated for pre-installation are American GM, Jiangling Ford, SAIC, BYD, Dongfeng, China Heavy Duty Truck, Shaanxi Automobile, Jianghuai and Jiangling. Besides, mini-eyes? Also obtained the L3 project fixed point of a commercial vehicle main engine factory.

In the past two years, MINIEYE has taken a two-pronged approach in the passenger car and commercial vehicle business. Among them, affected by new infrastructure, upgrading and the implementation of new policies, the commercial vehicle market is growing rapidly, and the main demand is concentrated in? L0? And then what? L 1? Level, currently? Mini eyes? We have cooperation with three of the four major commercial vehicle factories. On the other hand, projects in the field of passenger cars focus on? L 1? And then what? L2? And then what? L2+? Horizontal, mini-eye? The mass production of products will be in the second half of next year.

Landing mass production has become the top priority of many autonomous driving companies. Mini eyes? Founder and? CEO? Dr. Liu Guoqing said that mass production not only means that enterprises can achieve self-hematopoiesis, but from a technical point of view, autonomous driving technology can become more and more mature in large-scale use: by continuously collecting a large amount of data, it can help enterprises build data barriers, thus helping iterative algorithms, improving test efficiency and making technology evolve.

The key element of technological innovation and product synergy is data, which is scarce and will be more important in the future. The advantage of the algorithm is marginal decline, and the data is marginal increase. One of the data is traffic environment data, including data collected by cameras, radars and ultrasonic sensors. The other is driving behavior data, including steering, throttle, braking and so on. Mini eyes? All post-installed products will be equipped with data modules, and some pre-installed products will also be equipped with data modules.

Data-driven research and development is very important in the technology chain of autonomous driving, and it can also broaden the boundaries of business models. Dr. Liu Guoqing introduced, Mini Eye? The typical application case of data is to help customers update high-precision map-related data. Take Siwei Tuxin, a strategic investor, as an example. MINIEYE sends back data in real time according to specific needs through mass production equipment, helping Siwei maintain the "freshness" advantage of high-precision maps. In the future, high-precision maps are also important strategic resources, MINIEYE? Our data business is also growing rapidly, forming scale income.

Mass production is a threshold for autonomous driving companies, but after mass production, the challenge is still arduous. Mini eyes? Founder and? CEO? Dr. Liu Guoqing said, cost control, after-sales service, etc. They are all new topics faced by autonomous driving enterprises after mass production. Especially in the downturn of the automobile industry and the cooling of the capital market, autonomous driving enterprises should put survival first, reduce costs and increase efficiency, and put food and grass first.

This time? c? Is the round over? 2.7? 1 100 million yuan financing will be first used to alleviate the pressure on the supply chain caused by large-scale delivery and increase the cash flow reserve, so as to stably ensure that the procurement needs of the main engine plant are met in time; On the other hand, continue to invest in the research and development of advanced autonomous driving technology to maintain the competitiveness of technology and products. Future, mini-eye? It will also invest more resources in the passenger car market and open up more overseas markets.

This article comes from car home, the author of the car manufacturer, and does not represent car home's position.