Recently, Weigan Technology announced that it has completed the A-round financing of tens of millions of RMB. Ningbo Huize, Ningbo Intellectual Property Operation Fund, angel investors and old shareholder Wenzhou Jizhi jointly participated in the investment. This round of financing will be used to continue to promote the R&D and manufacturing of high-end and solid-state lidar, and to expand commercial cooperation in the upstream and downstream of the industrial chain.
Founded in 2018, Weigan Technology is a LiDAR solution designer and supplier with physical layer algorithm optical DSP (oDSP) as its core technology. The team comes from companies such as Huawei and Fujitsu, and has achieved results in optical communication physical layer algorithms and optoelectronic system architecture design. LiDAR products are mainly used in the fields of automobile assisted driving and automatic driving, smart city and smart transportation, industrial measurement and 3D modeling. Founder & CEO Yan Weizhen both graduated from the Department of Electronics of Peking University. He used to be the director of optical module algorithms for Huawei HiSilicon and Fujitsu. He once invented the photoelectric nonlinear compensation algorithm, and achieved a 10-fold increase in speed, and developed a single-wavelength 100G optical module.
Weigan Technology uses oDSP algorithm technology to double the detection performance of lidar on the low-cost 905nm photoelectric platform. Products include 360-degree three-dimensional lidar SF series with 400-meter long-range detection, solid-state rotating mirror laser radar TREX with 905nm wavelength to achieve 300-meter long-range detection, etc.
In 2022, Weigan Technology will focus on expanding the various application fields of lidar, and will respectively reach strategic partnerships with the surveying and mapping equipment company Situoli, which is a subsidiary of the listed company Hezhong Strong, and Yicheng Zhixing, a leading company in autonomous driving shuttle vehicles. Relevant products and equipment have been delivered in batches, and have been applied to multiple scenarios such as energy, chemical industry, and smart cities, involving electricity, steel, ports, street parks, etc., covering different customers in domestic high-latitude cold regions and Southeast Asian tropical countries.
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Startups in the investment world
related events
- Weigan Technology announced the completion of the A round of financing2022-12-28
- Fushi Technology completed hundreds of millions of yuan in C1 round of financing2022-12-08
- Luowei Technology received hundreds of millions of yuan in round B financing2022-04-02
- Leishen Intelligent, a leading domestic lidar company, has completed a round C financing of nearly 300 million yuan2021-07-29
- LiDAR company “Yijing Technology” completed hundreds of millions of yuan in Series B financing2021-06-18
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