Hangshun Chip Funding, Investors & Competitors

SemiDrive is a Nanjing-based developer of automotive processors for ADAS, autonomous driving, and smart cockpits. Its X9H series supports L2+ autonomy with 8-core ARM Cortex-A and NPU delivering 4 TOPS, manufactured on SMIC 16nm. The company supplies chips to Chinese OEMs like Great Wall Motor and BYD for domain controllers.

Applied Intuition is a Mountain View-headquartered developer of simulation software, Vehicle OS, and self-driving toolchains for AI-driven autonomous vehicles. The company accelerates deployment across automotive, defense, trucking, construction, mining, and agriculture sectors. Major global automakers and Department of Defense programs rely on its platforms to validate sensor suites, perception stacks, and planning algorithms. Founded in 2017, Applied Intuition maintains offices in Washington, D.C., San Diego, Ann Arbor, London, Stuttgart, Munich, Stockholm, Bangalore, Seoul, and Tokyo to support international engineering teams.

Hong Jing Drive is a Hangzhou-based developer of Level 4 autonomous driving systems founded in 2018. Its full-stack platform integrates LiDAR, cameras, and radar sensors with computing hardware delivering 500 TOPS performance for robotaxis and trucking. Deployed in pilot fleets across Zhejiang province, it partners with Baidu Apollo for mapping and simulation testing.

Soterea creates intelligent driving assistance systems for commercial vehicles from its Tianjin, China headquarters, established in 2014. Software integrates sensors and algorithms for autonomous navigation, collision avoidance, and fleet management in logistics applications.

Luminar is an automotive technology company developing lidar sensors and perception software for advanced driver assistance systems and autonomous vehicles. Orlando-headquartered and founded in 2012, it went public in 2020 via SPAC with a $3.4 billion valuation. Luminar supplies iris lidar units to OEMs including Volvo Trucks, Daimler Trucks, and Mobileye, enabling detection up to 500 meters for highway autonomy. Production ramps at its Florida factory support Level 3 and 4 capabilities, with deployments in commercial trucks across Europe and North America.

MAXIEYE is a China-based developer of advanced driver-assistance and autonomous driving systems, founded in 2016, building technology for levels L0 through L4 aimed at mass production in passenger cars and commercial vehicles. Its product line includes the MAXIPILOT series, which combines full-speed intelligent cruise control with navigation-on-map pilot assist. The company has achieved mass production deployments of its L2 systems with multiple passenger car brands.

NASN Automotive Electronics is a Chinese auto technology company, founded in 2016 and based in Shanghai, that researches, manufactures, and sells chassis electronic control components for new energy vehicles and intelligent driving. Its products include the NBooster smart brake system, an electronic stability control (ESC) system, the NBC integrated brake system, EPS smart steering, and drive-by-wire chassis solutions for L3/L4 autonomous vehicles. The company mass-produced its first NBooster product in China in 2018, ahead of foreign competitors, and supplies automakers including BAIC New Energy, BYD, Changan, and Great Wall Motors in a chassis control market otherwise dominated by Bosch.

Founded in 1982, Autodesk is a multinational software company best known for pioneering computer-aided design, or CAD, with its AutoCAD product. Nowadays, Autodesk provides design software for a variety of verticals, including architecture & construction, manufacturing, and media & entertainment. Autodesk products have been used in some of the world's most iconic landmarks, like Burj Khalifa, and well-known movie titles like Avatar.

Constellation Software is an acquirer, manager, and developer of vertical market software, or VMS, businesses globally. VMS differentiates from horizontal software in that it provides mission critical solutions within a specific industry for customers in a particular market. Constellation operates through a decentralized model in which each business operates as its own independent entity. Managers of individual businesses are incentivized to optimize their business for returns on invested capital and revenue growth. Excess cash generated by the individual businesses is repatriated to portfolio managers who focus on allocating as much capital as possible on new acquisitions. As of 2025, Constellation consisted of over 1,000 individual businesses and 64,000 employees.

Dassault Systèmes is a leading provider of computer-assisted design and product lifecycle management software, serving customers like Boeing and Volkswagen throughout the production process. The company’s flagship product, Catia, primarily serves the transportation, industrial equipment, and aerospace and defense industries. In life sciences, Dassault’s Medidata cloud platform optimizes clinical trial efficiency and is the leader in electronic data capture.

Zongmu is a Shanghai-headquartered advanced driver assistance systems provider with core expertise in SurroundView camera technologies. Founded in January 2013 in Pudong Zhangjiang Hi-Tech Park, the company operates R&D centers in Beijing and Shenzhen. Zongmu supplies multi-camera ADAS solutions to leading Chinese OEMs like Great Wall Motors and Chery, holding the top market share in domestic SurroundView deployments through partnerships with Tier 1 suppliers such as Huawei and Bosch.

Tekion is a Redwood City-headquartered provider of cloud-native platforms for automotive retail. Its Automotive Retail Cloud unifies dealership operations including sales, service, and finance for over 2,000 U.S. locations. Partnering with Ford, Toyota, and GM, the platform uses AI for inventory management, customer personalization, and seamless OEM-dealer integration.

Megatronix is a Chinese automotive software developer supplying operating systems, domain controllers, and cloud platforms for intelligent vehicles. Headquartered in Shenzhen, the company provides SmartMega OS for digital cockpits, T-Box telematics, and gateways integrating ADAS features with vehicle-to-cloud communication. Megatronix customizes software stacks for OEMs supporting over-the-air updates and multi-screen interfaces.

Dazhongkanche is a platform connecting car buyers with dealerships and providing digital retail transaction systems for automobile sales. The company facilitates channel management and information services for users in China's automotive market.

AutoFi is a digital retailing platform that equips car dealerships with seamless online vehicle financing capabilities. Headquartered in Austin, Texas, since its founding in 2016, the company integrates lender networks into dealer websites and mobile apps for instant credit approvals and term customization. Consumers complete purchases from home through automated applications linked to dealer inventory systems. AutoFi connects to major dealer management software like Reynolds and CDK, streamlining point-of-sale transactions for automotive retailers across the United States.

Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence to run large language models. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.