Driverless vehicle builder CAS Juche nets tens of mlns of yuan in Series A

The startup was incubated and led by a group of researchers and scientists from the Chinese Academy of Sciences, who have a proven track record in domains such as environmental sensing, smart decision-making and motion control.

CAS Juche (中科智驰), a startup specializing in autonomous driving and mobile robotics, today announced the completion of a Series A round of funding worth tens of millions of yuan, invested solely by Guoyuan Equity Funds.

The proceeds will be used to construct the firm’s production facility, expand its sales team, and develop driverless vehicles and a system intended for military and civilian use, according to a press release.

Juche, founded in 2018 in Hefei, capital of eastern China’s Anhui Province, supplies a suite of products and components in the field of autonomous driving.

They include self-guided towing vehicle, road sweeper, driverless vehicle controller, autonomous security inspection robot, drive-by-wire platform and unmanned shuttle bus.

The startup was incubated and led by a group of researchers and scientists from the Chinese Academy of Sciences, who have a proven track record in domains such as environmental sensing, smart decision-making and motion control.

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Ni Tao

Ni Tao is the founder and editor-in-chief of cnrobopedia. Prior to cnrobopedia, he had a full decade of experience with a major state-run English-language newspaper as a tech reporter and opinion writer. He is also a communications specialist, having provided consultancy services to established firms like Siemens, Philips, ABinBev, Diageo, Trip.com Group (Nasdaq: TCOM, HK: 9961), Jianpu Technology (NYSE: JT) and a handful of domestic startups. A graduate of Fudan University, he writes widely about China's business and tech scenes and other topics for global publications including South China Morning Post, SupChina, The Diplomat, CGTN, Banking Technology, among others, and tries to impart his experience to students at Fudan University Journalism School, where he is a part-time lecturer. When he's not writing about robotics, you can expect him to be on his beloved Yanagisawa saxophones, trying to play some jazz riffs, often in vain and occasionally against the protests of an angry neighbor. Get in touch with him by dropping a line at nitao0927@gmail.com.

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