Shanghai Securities News China Securities Network News (reporter Qiu Dekun) Xiaoma Zhixing official WeChat public account news, on March 7, Xiaoma Zhixing announced the completion of the first delivery of the D round of financing, the overall valuation of 8.5 billion US dollars. The round will be used for team expansion, technology research and development, expansion of Robotaxi and Robotruck fleets, as well as global testing and operations, mass production and commercial deployment of autonomous driving technology.
"Technical prowess is a key factor in our investor support." Lou Tiancheng, co-founder and CTO of Xiaoma Zhixing, said that Xiaoma Zhixing is rapidly promoting the commercialization process and mass production of autonomous driving in the field of passenger cars and commercial vehicles.
According to Tianyan, Beijing Xiaoma Zhixing Technology Co., Ltd., an affiliate of Xiaoma Zhixing, was established in December 2016, with the legal representative being Zhang Ning, with a registered capital of 100 million yuan, and its business scope includes: supply chain management, enterprise management consulting, conference services, and undertaking exhibition and display activities.
Wisdom bud data shows that Xiaoma Zhixing focuses on sensors, computers, automatic driving, processors, intelligent driving, piezoelectric sensors, storage instructions and other technical fields, has published 331 patent applications, invention patents account for more than 88%, and the market value of patents with higher market value includes "a method and device for scheduling autonomous vehicles".
