High-precision navigation system developer DAISCH closes Series A+ funding round

Published: Feb 22, 2024 16:54

Source: gasgoo

Save

On February 21, DAISCH, the Chinese developer of automotive high-precision inertial navigation systems, announced the successful completion of its Series A+ funding round, which raised for the company...

Beijing (Gasgoo)- On February 21, DAISCH, the Chinese developer of automotive high-precision inertial navigation systems, announced the successful completion of its Series A+ funding round, which raised for the company tens of millions of yuan.

Guochen Venture Capital led the investment, with Fortune Capital participating. The funds raised will be allocated towards developing specialized research and design, establishing international manufacturing standards, and iterating intelligent manufacturing technologies, positioning DAISCH to excel in the vast field of autonomous driving and lead the high-precision positioning industry.

Since its establishment in 2015, DAISCH has built a full-stack product matrix, ranging from vehicle inertial navigation units (IMU) and combination navigation modules (P-BOX) to high-end advanced driving assistant system (ADAS) testing equipment. DAISCH has developed leading IMU module products that are compact, high-performance, and cost-effective.

DAISCH said that its proprietary full-temperature full-speed calibration process has boosted hardware performance by over 10 times. The team's unique automated equipment R&D capabilities have incubated a fully automated fourth-generation mass production process line, doubling production efficiency while saving 30% in production costs.

With a wide customer base in autonomous driving scenarios and ADAS ground truth testing, DAISCH has secured intentions for project partnerships from over a dozen well-known automakers and Tier 1 suppliers.

In 2023, it achieved mass production and delivery of P-BOX products for a leading automaker’s flagship vehicle model. In 2024, with ample orders and the addition of multiple projects from well-known domestic and international vehicle manufacturers, DAISCH further solidifies its position in the high-precision navigation market.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Aug 31, 2026 11:41

Terra Charge to Launch Tesla-Compatible EV Stations in Japan from 2028

Japan's Terra Charge will launch Tesla-compatible EV charging stations, with installation of Tesla-standard equipment set to begin in fiscal year 2028.

Aug 31, 2026 11:41

Aug 31, 2026 05:53

[Solid-State Battery: Ganfeng Lithium's 500 Wh/kg-Class 10 Ah Product in Small-Batch Mass Production]

[Solid-State Battery: Ganfeng Lithium's 500 Wh/kg-Class 10 Ah Product Achieves Small-Batch Mass Production] On August 29, 2026, Ganfeng Lithium's semi-annual report disclosed that its 400 Wh/kg battery achieved a cycle life of over 1,100 cycles and completed engineering validation, and the world's first 500 Wh/kg-class 10 Ah product achieved small-batch mass production; a product gradient was established across 320-480 Wh/kg, with the 320 Wh/kg battery cell exceeding 1,000 cycles. Multiple silicon-based and lithium metal batteries were supplied in batches to industrial and consumer drones, and robotics products completed adaptation testing and small-batch supply. H1 revenue was 23.097 billion yuan (+175.75%), and net profit attributable to the parent was 4.257 billion yuan, a YoY turnaround to profit; the revenue contribution from solid-state batteries was not separately disclosed.

Aug 31, 2026 05:53

Aug 26, 2026 11:09

[Solid-state battery: SEVC POWER completes several hundred million yuan financing, accelerating industrialisation of sulphide all-solid-state battery]

[Solid-State Batteries: SEVC POWER Completed Several Hundred Million Yuan in Financing, Accelerating the Industrialisation of Sulphide All-Solid-State Batteries] On 26 August 2026, solid-state battery enterprise SEVC POWER announced that it had completed external financing of several hundred million yuan. This round was co-led by existing shareholders Saike Investment and CICC Capital, with Zhongguancun Qihang, Dingfeng Kechuang, Zhongguancun Yulin, Linjie Venture Capital, Yibin Talent Fund, and Yibin Zhengchuang participating as co-investors. The proceeds will be used for the construction and capacity expansion of production lines for sulphide electrolytes, high-safety batteries, all-solid-state battery cells, and PACK, and to continuously advance the development of the material system, solid–solid interface, cycle life, and continuous manufacturing processes for sulphide all-solid-state batteries, while also expanding the R&D, engineering manufacturing, and marketing teams. The company was recently certified as an “Innovative Small and Medium-sized Enterprise of Sichuan Province (2026)” and was listed on the GEI China Potential Unicorn Enterprise List, marking dual recognition from both capital markets and the industry in the industrialisation track for sulphide all-solid-state batteries.

Aug 26, 2026 11:09