Desay SV leads – and closes – MAXIEYE’s CNY 300 Mn series B round

Chinese intelligent driving and intelligent travel technology service provider, MAXIEYE, announced the completion of its round B financing of CNY 300 million.

The investment will be mainly used to supplement the large-scale mass production and landing investment of intelligent driving products of passenger cars and commercial vehicles, as well as the further R&D reserves of high-level automatic driving technology.

The company, founded in 2015, primarily engaged in the R&D, production and sales of the advanced auxiliary driving system and automatic driving scheme. 

MAXIEYE discloses that MAXIPILOT®1.0 will be mass-produced soon, with its closed-loop deployment of OTA data return and software function upgrade. Meanwhile, the MAXIPILOT®2.0, equipped with an integrated autopiloting system, has also entered late and will be massively produced in 2022.