Manhe Technology Co., Ltd, a provider of intelligent driving platform-based tools and basic software in China, announced the completion of tens of millions of yuan in an angel financing round, all of which was exclusively invested by Chengwei Capital.
The round of fundraising will be mainly used to open up the existing tool chain development market, expand its core R&D team in Germany and China, test and validate closed-loop solutions, and take advantage of industrial resources to advance its R&D shift from tools to functions and from business stacks to operating systems. The Company will help OEMs to gradually realize the hardware-software separation from functional software, to basic software, and then to hardware from a top-level design perspective.
NISAR is an international company focusing on an intelligence-driven integration platform, with headquarters both in Germany, the birthplace of the modern automotive industry, and China, one of the world’s fastest-growing emerging markets. With more than ten years of deep front-line R&D experience in the German automotive and peripheral industries, the core team has been dedicated to creating an integrated flexible real-time operating system for intelligent vehicle development, a highly collaborative SaaS-based developer platform, and a powerful toolchain for artificial intelligence (AI) and automation, in a move to continuously improve the efficiency of deployment and development, and to form an open and win-win ecology for complex software systems across the automotive, robotics, agricultural automation and related industries.
The Company’s developer platform can be visualized as a business engine originally created for game development, providing a sophisticated toolchain based on in-depth industry knowhow, and linking every detail of a huge engineering system. Without the toolchain, it is difficult for even senior engineers to communicate with each other seamlessly. A sound toolchain can allow developers to do more with less. Endowed with the deep learning ability of AI, the whole toolchain can be continuously optimized in an automated fashion.
The SaaS-based developer platform, which is built upon the real-time operating system, allows system architects and developers to tailor their designs with proven widgets based on application scenarios, much like putting together Lego.
Now, the Company is taking the self-driving tool platform as a starting point and a first phase to help its partners in the industry quickly realize small-scale production of self-driving functions. The platform also combines traditional AutoSar architecture and new middleware into a plug-in system software package for different forms of domain control hardware, to create an integrated and flexible real-time operating system ecology by expanding its footprint into vehicle Ethernet applications from business stacks.
Also Read: ClearObject, an Industry Leading IoT Solutions Provider, selected by Google Cloud Platform
Dr. Zhu Ke, founder, CEO and CTO of NISAR, said, “Our strong team has long been committed to cutting-edge mass production projects alongside forward-looking scientific research efforts, in line with our love and passion for intelligent and automated technologies. We are aware that the development process requires a high level of openness and business continuity. From this standpoint, the platform is imperfect whether in China or in Germany. We are currently launching such a revolutionary product for the development and deployment of intelligent software systems that it will enable customers to get access to autonomous driving features, including personalized and customized functions, in a very short period of time.”