CPE Yuanfeng led the investment, AR company Liangfengtai completed the C+ round of financing of 270 million yuan

On September 9, domestic AR company Liangfengtai announced the completion of a C+ round of financing of 270 million yuan. This round of financing was led by CPE Yuanfeng, followed by Jingkai Capital, Yuanhui Capital, Daguan Capital, Tsinghua Holdings Ginkgo, Puchao Capital, etc., and additional investment from old shareholders such as Yuanxing Capital, Xinxi Capital, Huoshui Capital, and MYEG.

Liao Chunyuan, co-founder, chairman and CEO of HiAR, said, "After this round of financing, the company will continue to rely on core AR/AI technologies such as spatial computing, AR cloud, natural interaction and AR smart hardware to strengthen and upgrade the AR platform HiAR Space, accelerate the in-depth implementation of products and services in vertical industries, and solve core problems on the job site. At the same time, the company will continue to make forward-looking arrangements, adhere to technological and product innovation, and build a hyper-realistic smart space."

Founded in 2012, HiAR has been deeply involved in the AR field for a long time and is known as the "barometer of the AR industry". Its AR platform HiAR Space is based on the AR brain and combines the terminal and cloud. It consists of four major sections: "ABCD", namely the AR brain that integrates artificial intelligence (AI), big data (Bigdata) and intelligent communication (Connection), as well as the AR terminal (Device). At the new product launch conference held today, HiAR launched several AR products, including the new flagship product of the terminal series, the 5G AR smart glasses HiAR H100.

Based on HiAR Space basic platform + vertical platform, BrightStor provides standard products and solutions for different vertical industries. At present, BrightStor has launched industrial standard products such as HiLeia, AR remote communication and collaboration platform, and air-ground integrated command and dispatch system for security products, serving thousands of enterprises such as State Grid, Haier, Gree, Baowu Steel, Valin Xiangtan Steel, SAIC GM, Doosan Machinery, etc., covering 1 billion terminal users, and has established important cooperative relationships with partners in various fields such as the three major operators, Huawei, Baosight Software, Haier COSMOPlat, and Zhongruixin, jointly creating "industry + AR" product solutions.

So far, Liangfengtai has introduced more than 100 innovative partners in four focus industries, including intelligent manufacturing, public safety, interactive entertainment, and smart cities, and jointly created more than 1,000 cooperation cases. At present, Liangfengtai not only opens up basic platform capabilities for partners to integrate quickly and conveniently, but also creates functional components for focus industries to meet business needs.

Liao Chunyuan said, "In the next few years, Liangfengtai will aim to build a hyper-realistic smart space, based on AR/AI technology, and cut into the dimensions of spatial computing, intelligent interaction, AR cloud, intelligent hardware, human-machine fusion AI, etc., seamlessly integrate the digital and physical worlds, and efficiently open up the "perception-cognition-decision-execution" closed loop, solve the "virtual-reality gap" problem, and achieve the goal of improving efficiency, reducing costs and enhancing user experience."