Haomo, a Beijing, China-based supplier of a driver help system, raised over RMB 100M in Sequence B1 funding.
Chengdu Wufa Personal Fairness Fund Administration made the funding.
The corporate intends to make use of the funds to boost R&D to develop its programs.
Led by CEO Gu Weihao, Haomo supplies HPilot, a driver help system that’s geared up in additional than 20 automobile fashions, serving to drivers cowl a mixed distance of over 120 million kilometers with features reminiscent of computerized braking and lane-changing. As well as, a fleet of Haomo’s Stage 4 autonomous vans have delivered practically 300,000 grocery parcels for supermarkets in Beijing.
The corporate expects the penetration fee of ADAS on passenger autos to succeed in 70% in China by 2025.
FinSMEs
22/02/2024
