Zhixing Technology completed B1 round of financing to expand the scale of autonomous driving mass production

Recently, Zhixing Technology announced the completion of its B1 round of financing, which will be mainly used to expand the scale of mass production of L2 autonomous driving and promote the mass production of L2+ autonomous driving. It is reported that this round of financing was led by CCB Suzhou Science and Technology Innovation Fund, followed by Heyu No. 1, and the original shareholders Ideal Auto, Mingshi Capital, and Guozhong Venture Capital continued to invest.

Zhixing Technology's intelligent front-view camera integrated with the L2 autonomous driving controller has been designated for mass production by many OEMs and will start mass production to a first-tier automaker this month. Next year, the company will mass-produce a higher level of L2+ autonomous driving.

Zhixing Technology's intelligent front-view camera adopts AUTOSAR software architecture, supports up to 3 CANs, and can realize L2 autonomous driving functions such as ACC Stop&Go, AEB, Full speed LKA, TJA, and IHBC. At speeds of less than 80km/h, ACC can stop stationary targets; at speeds of 60km/h, LKA can pass through curves with a curvature radius of 150m, providing more usage scenarios.

In addition, Zhixing Technology has independently developed the iMo DCU intelligent driving domain controller, which complies with ASIL D functional safety design, supports multi-sensor data fusion, can be customized according to customer needs, and realizes OTA software upgrades.

Huang Mingming, founding partner of Mingshi Capital, said that meeting "automotive-grade" requirements is usually just the "entry ticket" for local emerging Tier 1s. As the first startup company among Mobileye's global Tier 1 partners, Zhixing Technology's leading autonomous driving domain controller and intelligent front-view camera technologies will definitely help them gain an advantage in the development of future autonomous driving technology.

理想汽车总裁沈亚楠表示：“知行科技在多传感器数据融合、决策规划、车辆动态控制等领域拥有核心算法，并拥有软硬件开发、整车系统集成验证和生产制造能力。我们很看好知行科技的未来。”

Zhixing Technology was founded in December 2016 and is positioned as a Tier 1 in the field of passenger car pre-installation. It currently provides L1-L4 autonomous driving system solutions and two major product lines: intelligent front-view cameras and autonomous driving domain controllers. Zhixing Technology has core algorithms in core areas of autonomous driving such as multi-sensor data fusion, decision planning, and vehicle dynamic control, as well as software and hardware development and vehicle system integration verification capabilities. It is a leading company in China with full-stack autonomous driving R&D capabilities.