Qianxun Spatial Intelligence Valuation, Funding & Investors

Hesai Group is engaged in the development, manufacture, and sales of three-dimensional light detection and ranging solutions, or LiDAR. Its LiDAR products enable a broad spectrum of applications across passenger or commercial vehicles with enhanced advanced driver assistance systems, or ADAS, autonomous vehicle fleets providing passenger and freight mobility services, or Autonomous Mobility, and other applications such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas, or Robotics. Geographically, the company operates in North America, Mainland China, Europe, and Other regions.

Banma Network Technologies is a Hangzhou-based Alibaba affiliate developing connected car ecosystems powered by AliOS operating system. The company equips vehicles with in-car infotainment, voice assistants, navigation, and over-the-air updates, partnering with automakers like SAIC and Roewe for mass-market sedans and SUVs. In 2019, Banma opened its SDK to third-party developers worldwide.

Nagoya-based Tier IV is an academic startup advancing open-source autonomous vehicle technology through Autoware software. Founded in December 2015, it develops solutions for last-mile driverless shuttles and logistics robots, partnering with universities and automakers to deploy pilots in Japan and enable global contributions to intelligent mobility.

Mobileye Global Inc engages in the development and deployment of ADAS and autonomous driving technologies and solutions. It is building a portfolio of end-to-end ADAS and autonomous driving solutions to provide the capabilities needed for the future of autonomous driving, leveraging a comprehensive suite of purpose-built software and hardware technologies. The company's reportable operating segment are Mobileye and Moovit. Its solutions comprise Driver Assist, Cloud-Enhanced Driver Assist, Mobileye SuperVision Lite, Mobileye SuperVision, Mobileye Chauffeur, Mobileye Drive, Self-Driving System & Vehicles. It derives maximum revenue from Mobileye Segment.

Innoviz Technologies Ltd is a provider of solid-state LiDAR and perception solutions that feature technological breakthroughs across core components and bring enhanced vision and superior performance to enable safe autonomous driving at a mass scale. The company provides a complete and comprehensive solution for OEMs and Tier-1 partners that are developing and marketing autonomous driving vehicles to the passenger cars and other relevant markets, such as robotaxis, shuttles, delivery vehicles, buses and trucks and other industries that require 3-dimensional high resolution sensors. Company's solutions can enable safe autonomy for industries like logistics, drones, robotics, construction and other industrial applications, agriculture, smart city, smart infrastructure, security and mapping.

iMotion Automotive Technology (Suzhou) Co Ltd is an autonomous driving solution provider in China with a focus on AD domain controllers. It offers autonomous driving solutions and products, and also provides OEMs with various AD domain control units. The company's autonomous driving domain controller (AD domain controller) solutions typically include (i) AD domain controller; (ii) associated sensors, which the company procure from third-party suppliers and integrate into its solutions; (iii) integrated software, algorithms and functions; and (iv) relevant services such as sensor implementation, vehicle systems integration, and function testing and validation. The company generates the majority of its revenue from Autonomous driving solutions and products.

WeRide Inc operates in the autonomous driving industry. The company has developed a universal autonomous driving technology platform that integrates full-stack software algorithms, modularized hardware solutions, and a cloud-based infrastructure platform. The company provides autonomous driving products and services from L2 to L4 vehicles. The products of the company includes Robotaxi, Robobus, Robovan, Robosweeper, and others. The company earns its revenue from the People's Republic of China.

HL Mando Corp is engaged in the business of manufacturing automobile parts. Its products consist of brake systems, including brake comer modules, caliper brakes, drum brakes, master cylinders, boosters, proportioning valves, steering, suspension system, driver assistance system, and sensors. Geographically, the group operates in Korea, India, America and other countries.

Quanergy Systems is a San Jose-headquartered designer of 3D LiDAR sensors for automotive ADAS, industrial automation, and physical security. The company's S3 solid-state sensors deliver 1.3 million points per second with 120-degree FOV for object detection up to 300 meters. Deployed by 400 customers including Volvo and John Deere, Quanergy partners with 50 integrators globally. Founded in 2012, it emerged from Chapter 11 in 2023 to focus on smart sensing markets.

Rimac Group is a Croatia-headquartered developer of electric vehicle technology, producing the Nevera hypercar with 1,914 horsepower and supplying powertrains to automakers. Founded in 2009 near Zagreb, Rimac partners with Bugatti-Rimac for high-performance EVs and Porsche for platform engineering. The company delivers battery systems, motors, and software for vehicles achieving sub-two-second 0-60 times.

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.

Netradyne is a San Diego-headquartered computer vision company enhancing fleet safety through AI-driven cameras and analytics. Its Driveri system processes video feeds from vehicle-mounted devices to score driver behavior, detect distractions, and predict collision risks. Deployed in trucking and delivery fleets across North America, Netradyne analyzes billions of miles driven annually, integrating with telematics from Samsara and Geotab for comprehensive risk management.

Cidi Inc is a provider of intelligent driving products and solutions for commercial vehicles in China. The company focuses on the research and development of closed-environment autonomous driving trucks for mining and logistics, V2X (vehicle-to-everything) technologies and intelligent perception solutions, and offers products and solutions underpinned by proprietary technologies, with a primary focus on intelligent driving in closed environments. Its products and solutions include (i) autonomous driving technologies, (ii) V2X products and solutions, and (iii) intelligent perception solutions. The majority of revenue is derived from the Autonomous driving, including closed-environment autonomous mining trucks and closed-environment autonomous logistics truck solutions.

Avride is a Moscow-headquartered developer of autonomous driving technology for ride-hailing and last-mile delivery. It equips self-driving vehicles with proprietary lidars, cameras, and radars to handle urban streets and rural roads in Russia and Central Asia. The company deploys four-wheeled sidewalk robots for package delivery, featuring sensors for obstacle avoidance and crosswalk navigation. Avride integrates its systems into Yandex platforms, enabling autonomous operations in Moscow, Kazan, and Tashkent since its 2022 spin-off from Yandex.

Innovusion, also known as Seyond, develops high-performance, image-grade LiDAR sensor systems for autonomous vehicles and advanced driver-assistance systems. Founded in 2016 with core teams in Sunnyvale, California and Suzhou, China, the company designs long-range LiDAR aimed at level 4 and 5 autonomous driving, emphasizing range, resolution, sensor fusion, compact size, and cost-effectiveness. It supplies automakers including Chinese electric-vehicle maker Nio, selling sensors at roughly $1,000 per unit as a lower-cost alternative to competitors such as Velodyne and Luminar.

Shanghai Huace Navigation Technology Ltd manufactures satellite navigation and positioning systems and equipment, geographic information and disaster monitoring system and equipment. It provides positioning solutions for surveying, construction, GIS and marine applications in various countries. The company offers products for GIS data collection, GNSS infrastructure, unmanned aircraft systems, marine construction, optical surveying, GNSS survey and engineering, and precision agriculture.

Aeva Technologies Inc through its Frequency Modulated Continuous Wave (FMCW) sensing technology, designs a 4D LiDAR-on-chip that, along with its proprietary software applications, has the potential to enable the adoption of LiDAR across broad applications from automated driving to consumer electronics, consumer health, industrial automation, and security application. The company operates in North America, EMEA, and Asia. The company derives the majority of its revenue from North America.