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 -- 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,withZhiDu 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 establishedacompletelayoutnot only fromArtificialIntelligenceAlgorithmstoEmbeddedSystems,but also fromClosed-loopBigDatatoSystemIteration Evolution,withthe full-stack R&D capability on autonomous driving.

InNovemberlastyear,HoloMatic reached a deep cooperation with GAC Group and received exclusive financing of Series C1 funding from GAC Capital. Thetwosidesareintegratingadvantageousresourcesandcooperatingtoimplementtheindustrializationofsmart vehicles.Accordingtotheplan,theautonomous drivingplanofHoloMaticwillbegraduallyinstalledinthe mass production on various modelsofGACTrumpchiandGAC AIONfrom2022.

Inadditiontothe 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: HoloMaticTechnology(Beijing)Co.,Ltd.

ContactPerson: lixingzhi@holomatic.com

Email: lixingzhi@holomatic.com

Website: www.holomatic.com

Telephone: +8618600581109

City: Beijing,China

Address: Lowa BuildingBlockD,Lizhezhonger Road,ChaoyangDistrict