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§ Private Profile · Shenzhen, Guangdong, China
B2B solutions provider developing AI-powered ADAS and driver monitoring systems for commercial fleets and auto OEMs.
Based in Shenzhen, China, AiDriving develops advanced driving assistance systems and driver monitoring software using artificial intelligence for commercial fleets and automotive manufacturers. The company provides collision avoidance and behavior monitoring technology that serves a network of over 300,000 commercial vehicles across the domestic Chinese market. AiDriving licenses its proprietary autonomous driving solutions to major corporate clients, including bus manufacturer Yutong, truck maker Dayun, and logistics firms ZTO Express and STO Express. As of 2019, the enterprise generated approximately fourteen million USD in annual revenue alongside over one million USD in net profits, supported by a Series C funding round of equal size. Backed by lead institutional investor SBI Holdings, the hardware and software business was founded in 2013 by a former researcher from the Shenzhen Institutes of Advanced Technology alongside executive Justin Xu.
AiDriving has raised $14.4M across 1 funding round.
AiDriving has raised $14.4M in total across 1 funding round.
AiDriving has raised $14.4M in total across 1 funding round.
AiDriving's investors include SBI Group.
AiDriving has raised $14.4M across 1 funding round. Most recently, it raised $14.4M Series C in August 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 13, 2020 | $14.4M Series C | SBI Group | — | Announced |