Recently, Jiuyao Intelligent officially disclosed that it has completed the A-round financing of nearly 100 million yuan. This round of financing was led by Ascendas Capital. The financing funds will be used for sales team and channel expansion, customer order delivery and production R&D base expansion, etc., to accelerate the large-scale implementation of industrial unmanned driving products.
Founded in 2018, Jiuyao Intelligent is an industrial-grade unmanned driving product provider integrating technology research and development, planning and design, manufacturing, and after-sales service.
Relying on the team’s industry experience and technical accumulation in industrial logistics, Jiuyao Intelligent has completed multiple landing applications of unmanned driving in industrial logistics scenarios. In the delivery process of specific cases, Jiuyao Intelligent realizes indoor and outdoor collaborative management scheduling and flexible control between Jiuyao products and customer on-site equipment through the cloud system through the integrated solution of industrial vehicles, roads and clouds, and realizes real-time fusion navigation through multi-sensors Positioning technology and algorithms to solve the high-precision positioning of vehicles in the process of indoor and outdoor traffic, solve the problem of stable operation of vehicles in harsh environments such as 7*24 hours and rain, snow, and haze through fusion of perception planning and decision-making algorithms, and solve it through industrial roadside equipment Safety issues in mixed pedestrian and vehicle traffic.
Shi Liang, founder and CEO of Jiuyao Intelligent, said: Jiuyao Intelligent is committed to becoming the world’s leading provider of industrial-level unmanned driving solutions, focusing on closed and semi-closed inter-field logistics scenarios, and providing industrial-grade full-work chain unmanned driving solutions. Promote the integrated development of industrial-grade unmanned driving technology and industry, accelerate the commercial application of unmanned driving, use technology to empower the industry, and make logistics work more comfortable. Our products and solutions have actually helped industrial customers improve in terms of production cost reduction, opening up the unmanned link in the whole process, improving the difficulty of safety management, and optimizing operation efficiency. How to help customers solve pain points and realize unmanned driving in industrial logistics The real landing of the scene will always be the ultimate goal of Jiuyao Smart in doing this. I firmly believe that Jiuyao Smart will be able to empower hundreds of industries and help industrial logistics to leap again.
Talking about the logic of this investment, Lu Zun, managing director of Ascendas Capital and managing partner of Xinchang Win-win Fund, said: Ascendas Capital has always focused on high-quality project investment in the field of hard technology. The current pattern of the driverless track and the concerns of investors The focus has increasingly shifted from focusing on technological value leadership to focusing on product landing value and commercial application value. The implementation of unmanned driving has never been about focusing on the research and development of single-vehicle intelligence. In industrial logistics scenarios, a commercial understanding of vertical scenarios and a deep understanding of business processes are the prerequisites for truly meeting customer business needs.
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related events
- “Jiuyao Smart” completed the A-round financing of nearly 100 million yuan, led by Ascendas Capital 2022-12-06
- Youhualin completed the C round of financing of 100 million yuan, and Yunhui Capital led the investment2022-10-17
- Xingshen Intelligent completed the A+ round of financing2022-08-08
- “Dongsheng Intelligent” completed tens of millions of RMB A+ round of financing2022-02-25
- ” Xingshen Intelligent” announced the completion of 100 million yuan in Series A financing2021-04-06
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