China's optical image solution provider Kankan Tech nabs hundreds of millions of yuan in Pre-B+ funding round

Published: Jan 6, 2025 19:18
Source: gasgoo
Beijing Kankan Intelligent Technology Co., Ltd. (Kankan Tech), China’s full-stack optical image solution provider, recently announced the successful completion of its Pre-B+ funding round, which rai...

Shanghai (Gasgoo)- Beijing Kankan Intelligent Technology Co., Ltd. (Kankan Tech), China's full-stack optical image solution provider, recently announced the successful completion of its Pre-B+ funding round, which raised for the company hundreds of millions of yuan.

Kankan Tech focuses on image quality calibration and testing, core visual algorithm R&D, and integrated software-hardware imaging solutions and products. Its innovations are applied in industries such as smartphones, in-car intelligent cockpits and driver assistance, commercial and consumer IoT (Internet of Things), and industrial vision.

Kankan Tech's core team is composed of seasoned experts from renowned firms in the automotive, smartphone, and IoT sectors, with over 10 years of experience in the optical imaging field averagely. Leveraging these resources, the company aims to establish itself as a world-class smart imaging brand and become a Tier 1 player in the imaging industry.

According to the company, the fresh funding will be used to accelerate the R&D of cutting-edge optical imaging products, strengthen the competitive edge in core technologies, and enhance customer service capabilities. These efforts will lay the groundwork for rapid commercialization, market expansion, and the launch of new businesses.

Ni Xuneng, Chairman of Kankan Tech, stated, "This funding round demonstrates strong market confidence in the company's technological innovation and operational capabilities. We will collaborate with ecosystem partners to build an imaging ecosystem loop, encompassing technology R&D, imaging ecosystem labs, and end-to-end intelligent manufacturing bases, empowering related industries and enterprises."

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