Ouye Semiconductor completes hundreds of millions of yuan in Series C financing to deepen its layout in intelligent vehicle technology.

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Recently, Ouye Semiconductor announced the completion of a Series C financing round of several hundred million RMB. Investors include SDIC Capital, Shenzhen "20+8" New Energy Vehicle Fund managed by InvestHoldings Cornerstone, Nanshan Strategic Investment, and Binfu Capital. It is understood that this round of financing will primarily be used to strengthen the company's technological capabilities in the "Everything+AI" field, accelerate product mass production and delivery, and further expand into markets such as intelligent vehicles, smart industry and robotics, and the broader AIoT ecosystem.