HoloMatic completes C2 round of financing to accelerate mass production of autonomous driving

HoloMatic successfully completed its C2 round of financing in November 2022, led by GAC Capital, followed by Zhidu Investment and Chaos Investment. This round of financing will be used for the innovative research and development of autonomous driving technology and large-scale mass production. Since its establishment in 2017, HoloMatic has been committed to promoting the mass production of autonomous driving solutions. The company has deepened its cooperation with GAC Group and launched GAC-branded passenger car products equipped with HoloMatic's autonomous driving system. HoloMatic independently developed an autonomous driving domain controller, which is expected to be mass-produced and launched in 2023.