A few days ago, Yi Cartoon Technology officially announced that it had obtained Series A financing of 654.38+0.3 billion yuan, and said that it would accelerate the capitalization process of the company in the later period. It is reported that Yi Cartoon Technology is planning an IPO on the Science and Technology Innovation Board, but the relevant listing plan is still unclear.
Yi Cartoon Technology's 654.38+0.3 billion A round of financing was led by Baidu and followed by Haina Asia Venture Capital. At present, its valuation has exceeded10 billion yuan. In addition, according to relevant public information, Yi Cartoon Technology is Geely Holding, an automotive intelligent technology company, whose main research interests are digital cockpit, active safety electronics, unmanned sensors and controllers, vehicle networking cloud platform and big data platform.
Yi Cartoon is responsible for the car networking system of all smart cars in Geely. For example, the current Jike intelligent ecosystem is developed by Yi Cartoon Technology. The funds from the A round of financing will be mainly used for the research and development of automobile chip products, and will be invested in the research and development of high-precision maps and autonomous driving technology to promote the internationalization of Yi Cartoon.
Easy Cartoon Technology will set up a research and development center in Europe before the end of 2020 to expand its strategic layout in the European market. In terms of automobile chips, products such as intelligent cockpit, autonomous driving and microcontroller have also formulated strategies and mass production R&D plans.
Choosing a car gentleman's point of view:
As early as this year 1 1 month, the CSRC has passed the application for listing Geely Automobile on the Science and Technology Innovation Board; If Easy Cartoon Technology can also go public smoothly, for Geely, its financing ability in the later period will be greatly improved.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.