Chuangye.com learned that Beidou Star Connected Technology Co., Ltd. (hereinafter referred to as: BICV) recently announced the completion of hundreds of millions of yuan in Series A financing. This round of financing was led by funds under CICC Capital, with participation from Zhilai Capital and Houda Investment. The financing funds will be used to develop new markets, develop new products and technologies, attract high-level talents, and optimize the industrial ecology.
As a high-tech enterprise specializing in the research, development and production of intelligent connected automotive electronics, BICV is the only automotive intelligence company in China that has both automotive electronics pre-installation R&D and mass production capabilities and Beidou’s high-precision positioning and service advantages. Internet product supplier. Currently, the company has nearly 1,800 employees, more than 700 R&D personnel, six R&D centers, and two major production bases in Chongqing and Jiangsu.
The intelligent development of automobiles requires accurate vehicle location information, and high-precision positioning and navigation are gradually becoming necessary conditions. Focusing on the "eye of the car", BICV vigorously promotes Beidou's high-precision on-board services, making Beidou's "real-time centimeter-level and post-event millimeter-level" high-precision positioning services widely used in the field of intelligent connected cars.
With cockpit electronic products as its core, BICV's products and services cover the design, R&D, production and testing of smart cockpits, smart driving and connected terminals.
As one of the core technologies for realizing intelligent vehicle driving, the Beidou high-precision fusion positioning technology mastered by BICV has the following characteristics: first, it is a high-precision fusion positioning terminal that can provide centimeter-level positioning capabilities; the second is A visual perception fusion terminal that can provide visual perception capabilities; the third is an intelligent vision/assisted driving central control with intelligent AI functions and some ADAS auxiliary functions; the fourth is an intelligent cockpit domain controller that also has low-speed automatic driving functions.
On this track, BICV has formed the main business of "intelligent cockpit and interactive products", and the two-wing innovative businesses of "intelligent driving and connected products" and "software engineering services". The company has more than 400 patents and intellectual property rights, and more than 60 invention patents. Major customers include Changan, Geely, SAIC Volkswagen, SAIC-GM, Pioneer, BAIC, Hongqi, Chery, SAIC-GM-Wuling, Great Wall, Ford and other mainstream domestic and foreign car companies.
Liu Peng, executive general manager of CICC Capital, believes: The electrification, intelligence and connectivity of automobiles are a historic opportunity for China’s automobile industry to achieve overtaking in corners. At present, my country's electric vehicle industry chain, represented by complete vehicles and batteries, is rapidly rising around the world. Smart cockpits are the key to realizing intelligent network connectivity and the integration of driving and cockpit domains, and will surely face broad development space.
BICV is one of the few domestic targets with independent R&D and iteration capabilities in the field of Beidou + intelligent connected vehicles. We are optimistic about the company's business layout of "one body and two wings". As the industry enters an explosive period, BICV can rely on Beidou's high-precision positioning advantages to achieve industry catch-up. We look forward to BICV creating a new situation with rapid revenue growth and rising profits.
In the future, it is foreseeable that BICV’s unremitting pursuit of a better intelligent driving experience will surely stimulate countless waves of innovation and continue to enrich our intelligent travel life. Attached