Autonomous driving startup HoloMatic raised $100 million in Series C funding, led by GAC Group, one of the largest China local OEM
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.
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