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Raythink Receives Tens Of Millions Of Yuan In Series A Financing

Raythink Receives Tens Of Millions Of Yuan In Series A Financing

07/12/21, 2:08 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CN.svgshenzhen
Round Type
series a
Raythink, a provider of in-vehicle AR display products and solutions, announced recently that the company has received tens of millions of yuan in series A financing led by Plum Ventures and joined by Qianhai FOF, Weed Ventures and existing investor Oriental Fortune Capital. Funds from this round of financing will be mainly used for a rail transit laboratory, HUD (heads-up display) mass production and automotive-grade certification.

Company Info

Company
Raythink
Location
shenzhen, guangdong province, china
Additional Info
The company recently announced that it has obtained IATF16949 quality management system certification, demonstrating that its research and development, production and management systems fully meet the management standards required by the automotive industry whereby the management of all processes adopts an approach that is, at all times, systematic, scientific and standardized. The company will continue to collaborate with players in both the upstream and the downstream to build an ecosystem covering the industry chain with the goal of jointly boosting the rapid development of assisted driving applications and deliver safer human-machine interaction solutions to the world. Raythink has successfully developed unique large field of view AR HUD products with automotive-grade mass production capacity. Raythink Completes Series A+ Financing to Accelerate Mass Production of In-Vehicle AR DisplaysRaythink Receives IATF16949 Quality Management System Certification, a Milestone for 2.0 AR HUD New AR HUD Solution Has Won Recognition from and Led to Partnerships with Multiple Customers Raythink provides three types of AR HUD products covering 1-3 lanes for high-, medium- and low-end vehicles: the AR HUD PRO, the AR HUD, and the Mini AR HUD solution for entry-level vehicles with limited space. Founded in 2019, Raythink is a provider of solutions integrating intelligent transportation, assisted driving and AR display.