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Bosch and ON Semiconductor invest in Chinese mechanical LiDAR technology company Hay:I06SHHS

On January 7, 2020, US local time, the International Consumer Electronics Show kicked off in Las Vegas, USA. As one of the exhibitors of this exhibition, the Chinese company, the world's leading LiDAR manufacturer SHHS Optoelectronics Technology, announced the completion of the C round of financing. This round of financing is jointly led by the German Bosch Group and ON Semiconductor and other investors, with a total financing of 173 million US dollars. This financing also refreshed the highest single financing record in the lidar industry.

SHHS Optoelectronics Technology is the global leader in 3D-sensors (LiDAR).

Mechanical LiDAR.jpg

 

The R&D Team with over 500 experts has created a suite of innovative sensor solutions that combine three core strengths: industry-leading performance, manufacturability, and reliability.

 

It`s proprietary micro-mirror and waveform fingerprint technologies continue to lead the market in sensor innovation, creating 500+ patent portfolios and winning customers spanning 70 cities in 20 countries and regions.

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