Chuangyebang was informed that recently, Xingshen Intelligent completed the A+ round of financing. This round of financing was jointly led by Xingxiang Capital and Ruizhu Capital, and Sany Ventures, Hunan Caixin and Jiayuan Capital participated in the investment. After this round of financing, Xingshen Intelligence will continue to increase product research and development and market investment, and is committed to building a city-level shared co-distribution capacity platform.
Xingshen Intelligence is a leading L4-level driverless core technology company and a smart logistics product provider in China. The core team is from the National University of Defense Technology and has more than 30 years of experience in autonomous driving R&D and engineering. The company has complete unmanned driving technology and solutions, and has full-stack independent R&D and design capabilities from chassis to structure, from hardware to software.
Xingshen intelligent unmanned vehicles all have L4-level autonomous driving capabilities. The body is equipped with sensors such as lidar, millimeter-wave radar, and cameras. With multi-source fusion perception and positioning technology, it can achieve seamless indoor and outdoor switching and smooth operation without relying on GNSS. High precision positioning. Xingshen Intelligence has an independent and controllable software and hardware architecture system, which is more secure without relying on open source software.
Based on self-controllable software and hardware technology, Xingshen Intelligent has independently developed a series of L4-level unmanned vehicle products, such as Chaoying, Fanyu, Benxiao, Jedi and Commoner, which are suitable for various terminal logistics application scenarios. Among them, the Jedi unmanned vehicle, as the fifth-generation stable model, adopts a container separation design, and can provide a variety of containers according to different customer business scenarios, such as retail cabinets, express cabinets, fast food cabinets, sterilization cabinets and logistics cabinets, etc., to meet the needs of different customers. need.
At present, Xingshen Intelligence, together with many domestic and foreign partners such as JD.com, Huawei, Meituan, Foxconn, China Post, Japan Rakuten, etc., has widely used unmanned vehicles in campuses, parks, factories, scenic spots, health stations and other scenarios. And realize the large-scale normal operation, and promote the full-scene application of unmanned vehicles in the field of terminal distribution. In 2021, Xingshen Intelligent Unmanned Vehicles will be the first in the industry to achieve mass production of 1,000 units. Currently, it has achieved multi-scenario continuous operation services in many cities at home and abroad. So far, the cumulative test and operation mileage has reached 600,000 kilometers, and the cumulative number of delivered packages has reached 1.3 million.
During the prevention and control of the epidemic in March 2022, Xingshen Intelligence went to Suzhou, Guangzhou, Shanghai and other places to assist in the prevention and control of the epidemic. Especially during the epidemic prevention and control period in Shanghai, Xingshen Intelligent brought its unmanned fleet into multiple communities and makeshift hospitals for contactless delivery services. Effectively relieve the pressure of the last 100 meters of distribution in communities and Fangcang shelter hospitals, help epidemic prevention and control and resume work and production, and fully demonstrate the important role that unmanned driving can play in epidemic prevention and control.
An Xiangjing, founder and chairman of Xingshen Intelligence, said: “Unmanned driving must be a new form of business that will change the future. We firmly believe that the era of unmanned driving will definitely come, and the commercial implementation of unmanned driving has its own path, from low-speed to high-speed, from low-speed to high-speed. From carrying cargo to carrying people, from limited areas to open areas. At present, Xingshen intelligent unmanned vehicles have been widely used in campuses, parks, factories, scenic spots and health stations and other scenarios. Let unmanned driving empower wisdom Logistics promotes the intelligent upgrade of the industry, builds a city-level unmanned driverless sharing and co-distribution platform, and enables unmanned driving to create a better life for the people. It has always been the dream of Xingshen Intelligence to make technology truly benefit mankind. Keep working hard to make this dream come true.”
Xue Zhen, an investor in Xingxiang Capital, said: “Unmanned terminal logistics distribution is a very worthwhile investment segment. We believe that technical strength and business model are the core elements. Xingshen Intelligence is one of the few in the industry that fully masters the underlying core technology. The unmanned vehicle company, whose unmanned vehicle products have been recognized by leading companies and verified on a large scale, has achieved breakthroughs in its business operation model and has a foundation for rapid replication. We believe that Xingshen Intelligence will have a bigger market in the terminal distribution industry. Xingxiang Capital will continue to pay attention to high-tech companies of unmanned driving in the future, cooperate with Xingshen Intelligence in depth, and continue to promote the application and implementation of unmanned driving in multiple business scenarios of terminal logistics.”
As one of the investors in Xingshen Intelligence’s A+ round, Xingxiang Capital has long been concerned about the development of artificial intelligence technology. Unmanned delivery is expected to provide better practices and take the lead in achieving commercial breakthroughs in the wave of autonomous driving. Investing in the driverless industry is a concrete practice for Xingxiang Capital to implement Hunan’s “three highs and four new” strategy and promote the development of Hunan’s intelligent networked automobile industry chain. Xingxiang Capital, as an important market lever for Xingxiang Group to play the role of the state-owned capital operation platform, focuses on advanced manufacturing, new materials, new energy, new generation information technology, biomedicine and military-civilian integration, etc. Implement the “three highs and four new” strategic positioning and mission and contribute to the strength of Xingxiang.
Regarding this round of financing, Yu Benchuan, investment director of Ruizhu Capital, said: “The multi-source fusion perception and positioning technology independently developed by Xingshen Intelligent has realized the seamless switching and smooth operation of unmanned vehicles in complex indoor and outdoor environments. The ‘Jedi’ series models can serve the diverse needs of end customers in different types of spaces, and are a typical application case of Smart Living Capital’s exploration of space intelligence.
The investment team agrees with the development orientation of Xingshen Smart’s ‘urban shared capacity platform’. The technological innovation and intelligence led by the new generation of information technology are accelerating their penetration and profoundly changing people’s clothing, food, housing, transportation and space environment. As a CVC institution under Midea Real Estate Holdings, Ruizhu Capital focuses on the field of ‘smart living and housing construction technology’. new life. “
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36Kr Lei Feng Network Venture Capital Investment Circle
event tracking
- 2022-08-08 “Xingshen Intelligence” completed the A+ round of financing, Xingxiang Capital and Ruizhu Capital jointly led the investment
- 2021-04-06 “Xingshen Intelligence” announced the completion of 100 million yuan Series A financing
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