PR99121

BEIJING, Dec. 7, 2022 /PRNewswire=KYODO JBN/ --

In November 2022, HoloMatic, a full-stack autonomous driving technology

company, announced that the C2 round of financing had recently completed. This

round of financing is led by GAC Group, one of the largest China local OEM,

with ZhiDu investment and CHAOS investment. The funds raised will continue to

be used in high-level self-driving   innovation R&D, large-scale mass

production and other fields. So far, HoloMatic has raised  $100 million in

Series C funding.

As a well-known autonomous driving solution supplier, HoloMatic was founded in

2017.

And has established a complete layout not only from Artificial Intelligence

Algorithms to Embedded Systems, but also from Closed-loop Big Data to System

Iteration Evolution, with the  full-stack R&D capability on autonomous driving.

In November last year, HoloMatic reached a deep cooperation with GAC Group and

received exclusive financing of Series C1 funding from GAC Capital. The two

sides are integrating advantageous resources and cooperating to implement the

industrialization of smart vehicles. According to the plan, the autonomous

driving plan of HoloMatic will be gradually installed in the mass production on

various models of GAC Trumpchi and GAC AION from 2022.

In addition to the deep cooperation with GAC Group, HoloMatic will also provide

many leading vehicle enterprises with  platform self-driving development

services on autonomous driving. The autonomous driving domain controller

independently developed by HoloMatic, also designated by many leading

independent brand vehicle companies in 2022, which will be mass-produced and

launch in 2023.

Company: HoloMatic Technology (Beijing) Co., Ltd.

Contact Person: lixingzhi@holomatic.com

Email: lixingzhi@holomatic.com

Website: www.holomatic.com

Telephone: +86 18600581109

City: Beijing, China

Address: Lowa Building Block D, Lizhezhonger Road, Chaoyang District

Source: HoloMatic Technology (Beijing) Co., Ltd.