Horizon Robotics

Horizon Robotics aims for becoming the global leader of edge AI. By jointly optimizing algorithm and processor design, Horizon Robotics is delivering software and hardware integrated solutions with high performance and low power to equip devices, such as autonomous vehicles and smart cameras, to make human life safer and better . The company has a strong R&D team with rich industrial experience to support the development of the smart world. Horizon Robotics announced its Series B Financing with c. $600 million total investment at a valuation of $3Bn, jointly led by SK China , SK Hynix , and several top automotive groups and their investment vehicles in February 2019. Other strategic partners and investors involved in this round include China Oceanwide Group's Oceanwide Capital, CMBC Capital, CLSA's CSOBOR Fund, and Oceanpine Capital. Existing shareholders, including Morningside Venture Capital, Hillhouse Capital, V Fund Management and Linear Venture, have also participated in the financing. The latest Series B Financing follows the $100M+ Series A Financing in late 2017 led by Intel Capital.