Ellaby receives B2 round of financing

Airlabe announced that it has obtained B2 round financing. The investors this time are SAIC Group's Shangqi Capital and its partner Shangao Investment Holding, with an investment of 60 million. As one of Airlabe's earliest OEM partners, the cooperation between SAIC Group and Airlabe dates back to 2017, starting with the FOTA project support for Buick GL8, and gradually expanded to more than 20 models of SAIC's entire brand. The scope of cooperation has also expanded from technical cooperation for a single FOTA to cooperation for the full range of products FOTA, SOTA, DOTA, and VSP. With the acceleration of the intelligentization process in the automotive industry, the two parties took the development of automotive electrification and intelligent industries as an opportunity, combined their respective advantages, and worked together to promote in-depth cooperation such as application innovation and innovation of business cooperation models, and were rated as "Excellent Supplier of 2022" by Zhiji Auto, a subsidiary of SAIC Group. Airlaby has developed a development logic of "OTA + intelligent solution", covering three major systems: the first is the "product system", including FOTA, SOTA, DOTA; the second is the "service system", including testing services, operation services, and data services; the third is the "content system". In general, from intelligent iteration to intelligent diagnosis, and then to intelligent management, Airlaby's product layout is closely centered around "intelligence".