UISEE Technology receives Series B financing from Bosch China

UISEE Technology announced that it has obtained strategic investment from Bosch China in Series B financing round. Other investors include Shenzhen Capital Group, China Capital Investment Group, Xiamen Septwolves Energy Conservation and Protection Fund and local strategic funds for emerging industries such as Chongqing Liangjiang Service Industry Fund.

UISEE Technology announced that it has obtained strategic investment from Bosch China in Series B financing round. Other investors include Shenzhen Capital Group, China Capital Investment Group, Xiamen Septwolves Energy Conservation and Protection Fund and local strategic funds for emerging industries such as Chongqing Liangjiang Service Industry Fund.

UISEE Technology focuses on the development of key technologies of autonomous driving. With the U-Drive intelligent driving platform, it provides comprehensive and scalable driverless solutions and commercial services to clients in the logistics and mobility industries. Many well-known enterprises both from China and abroad are the company’s clients.

On December 30, 2019, after more than two years of R&D testing and trial operation, UISEE cooperated with Hong Kong International Airport to enable unmanned logistics vehicles at the airport to provide luggage transportation services for passengers. This is the world’s first unmanned normal operation project under actual operating environment of an airport, and it is also the first unmanned freight commercialization service.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/06/uisee-technology-receives-series-b-financing-from-bosch-china/.

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