Furuitech Completes Nearly 100 Million USD Series B Financing

Furuitech has successfully completed nearly 100 million US dollars in Series B financing, led by Chaos Capital, followed by SAIC Hengxu and BAIC Capital. This round of financing will be used to consolidate its leading position in the field of high-end intelligent driving and promote the commercialization of autonomous driving. Furuitech has established cooperative relationships with more than 40 automakers, involving more than 100 cooperative models, and the mass production volume in 2022 will exceed 1 million sets. Its high-end domain control product ADC20 has achieved large-scale mass production of the domestic NOA driving and parking integrated function.