Robert Bosch Venture Capital has announced investment in AutoAI. The company is the developer and operator of intelligent connected vehicle service (CVS) for the new generation of autonomous vehicles. It is established as a separately run subsidiary of Navinfo and is involved in technological development, product development and service operations of intelligent navigation, CVS content, intelligent OS and solutions, CVS big data and operations.
Based on the core mission of “Making Auto Intelligence Easier”, the company has set up bases for front-end R&D and operations with a total of nearly 1,000 employees in Beijing, Shanghai, Shenzhen, Dalian and Shenyang. AUTOAI works jointly with automobile manufacturers, industry customers and ecosystem partners in the development of the next generation of autonomous driving, bring further cutting-edge technologies, leading products, ultimate experience and compassionate service to more partners, and aim to become an innovator and leader in the intelligent CVS industry.
RBVC is known for investing in innovative start-up companies at all stages of their development.
Source: Press Release