Autonomous driving startup HoloMatic raised $100 million in Series C funding, led by GAC Group, one of the largest China local OEM

BEIJING, Dec. 7, 2022 /PRNewswire/ -- In November 2022, HoloMatic, a full-stack autonomous driving technology company, announced that the C2 round of financing had recently completed. This round of financing is led by GAC Group, one of the largest China local OEM, with ZhiDu investment and CHAOS investment. The funds raised will continue to be used in high-level self-driving   innovation R&D, large-scale mass production and other fields. So far, HoloMatic has raised  $100 million in Series C funding.

As a well-known autonomous driving solution supplier, HoloMatic was founded in 2017.

And has established a complete layout not only from Artificial Intelligence Algorithms to Embedded Systems, but also from Closed-loop Big Data to System Iteration Evolution, with the  full-stack R&D capability on autonomous driving.

In November last year, HoloMatic reached a deep cooperation with GAC Group and received exclusive financing of Series C1 funding from GAC Capital. The two sides are integrating advantageous resources and cooperating to implement the industrialization of smart vehicles. According to the plan, the autonomous driving plan of HoloMatic will be gradually installed in the mass production on various models of GAC Trumpchi and GAC AION from 2022.

In addition to the deep cooperation with GAC Group, HoloMatic will also provide many leading vehicle enterprises with  platform self-driving development services on autonomous driving. The autonomous driving domain controller independently developed by HoloMatic, also designated by many leading independent brand vehicle companies in 2022, which will be mass-produced and launch in 2023.

Company: HoloMatic Technology (Beijing) Co., Ltd.
Contact Person: [email protected]
Email: [email protected]
Website: www.holomatic.com
Telephone: +86 18600581109
City: Beijing, China
Address: Lowa Building Block D, Lizhezhonger Road, Chaoyang District

SOURCE HoloMatic Technology (Beijing) Co., Ltd.