SMIC Juyuan led the investment, and RAYZ Technology completed nearly 100 million yuan in Series A financing
RAYZ Technology recently announced the completion of Series A financing,
led by SMIC Juyuan, with participation from Juntong Capital, Feitu Capital, Qiandao Investment, Qiyu Chuangying, etc. vote . After the completion of this round of financing, RAYZ Technology will focus on the research and development, industrialization and market expansion of automotive-grade products, targeting the field of intelligent driving of passenger and commercial vehicles, and accelerating the large-scale commercial use of automotive lidar.
RAYZ was founded in 2019 by three scientists in Beijing. The company always adheres to the 4C high standards (Competence, Compactness.Cost-effectiveness, Continuity) to build every product. The high-performance lidar developed by the company has key indicators such as ranging, resolution, volume, cost, and vehicle-standard reliability. , are in an industry-leading position. RAYZ currently has core R&D teams in Beijing and Suzhou, and its products can be widely used in ADAS advanced driving assistance systems, autonomous driving, smart infrastructure, robots, surveying and mapping and other fields.
At present, RAYZ Technology has officially released a new generation of powerful hard-core lidar
Osprey H2 . It is a mid-to-long-range, cost-effective car-grade lidar specially released for the ADAS pre-installation mass production market and high-end intelligent driving.
Osprey H2 adopts the ultimate optical system design, with a 10% reflectivity target range of 260m and a maximum range of 320m, achieving a new range measurement record for 905nm automotive-grade lidar. Compared with similar lidar products currently in mass production, the detection capability is increased by 30% to 73%, allowing the NOA system to be fearless from distance and sense calmly. The detection performance is comparable to 1550nm lidar products, but the cost is less than one-third. From now on, there is no need to compromise, both performance and cost are available. Osprey H2 not only makes NOA for passenger cars even more powerful, but also gives commercial vehicles, especially trunk logistics commercial vehicles, a new lidar option that is useful and easy to use in NOA scenarios.