PhiGent Robotics raises USD 30 million Pre-B
PhiGent Robotics raised USD 30 million in Pre-B financing for its vision-centered intelligent-driving systems.
Why it matters
PhiGent Robotics completed a $30M Pre-B financing on 2024-05-24.
Evidence notes
- E-Town Capital led the round, existing shareholders continued investing and Horizon Robotics increased its strategic investment.
- PhiGent develops stereo-vision perception and full-stack intelligent-driving solutions for vehicle manufacturers and automotive suppliers.
- The financing followed the launch of PhiGent solution packages based on Horizon Robotics Journey 6 E and M computing platforms at Auto China 2024.
Company context
Stereo-vision intelligent-driving software and perception systems for production vehicles.