Country for PR: China
Contributor: PR Newswire Asia (China)
Wednesday, December 07 2022 - 20:27
AsiaNet
Autonomous driving startup HoloMatic raised $100 million in Series C funding, led by GAC Group, one of the largest China local OEM
BEIJING, Dec. 7, 2022 /PRNewswire-AsiaNet/ --

In November 2022, HoloMatic, a full-stack autonomous driving technology 
company, announced that the C2 round of financing had recently completed. This 
round of financing is led by GAC Group, one of the largest China local OEM, 
with ZhiDu investment and CHAOS investment. The funds raised will continue to 
be used in high-level self-driving   innovation R&D, large-scale mass 
production and other fields. So far, HoloMatic has raised  $100 million in 
Series C funding.

As a well-known autonomous driving solution supplier, HoloMatic was founded in 
2017.

And has established a complete layout not only from Artificial Intelligence 
Algorithms to Embedded Systems, but also from Closed-loop Big Data to System 
Iteration Evolution, with the  full-stack R&D capability on autonomous driving.

In November last year, HoloMatic reached a deep cooperation with GAC Group and 
received exclusive financing of Series C1 funding from GAC Capital. The two 
sides are integrating advantageous resources and cooperating to implement the 
industrialization of smart vehicles. According to the plan, the autonomous 
driving plan of HoloMatic will be gradually installed in the mass production on 
various models of GAC Trumpchi and GAC AION from 2022.

In addition to the deep cooperation with GAC Group, HoloMatic will also provide 
many leading vehicle enterprises with  platform self-driving development 
services on autonomous driving. The autonomous driving domain controller 
independently developed by HoloMatic, also designated by many leading 
independent brand vehicle companies in 2022, which will be mass-produced and 
launch in 2023.

Company: HoloMatic Technology (Beijing) Co., Ltd.
Contact Person: lixingzhi@holomatic.com
Email: lixingzhi@holomatic.com
Website: www.holomatic.com
Telephone: +86 18600581109
City: Beijing, China
Address: Lowa Building Block D, Lizhezhonger Road, Chaoyang District

Source: HoloMatic Technology (Beijing) Co., Ltd.