Liangdao Intelligence Completes RMB 100 Million B1 Round of Financing

Liangdao Intelligent announced that it has completed a B1 round of financing of over RMB 100 million, led by Everest Ventures, followed by Binfu Capital, and continued investment from SDIC. The financing will be used to increase investment in the research and development of automotive-grade LiDAR products, introduce high-end talents in the industry, improve fully automated production lines, and promote the mass production and application of automotive LiDAR systems. Liangdao Intelligent focuses on providing LiDAR hardware, perception function development, test verification and post-mass production data services, and has obtained project cooperation from automobile companies such as Great Wall Motors, Volkswagen Group, BMW Group, and Mercedes-Benz.