Black Sesame Technology has secured approximately 100 million RMB in Series A+ funding to enhance its AI-driven visual perception solutions, primarily targeting consumer electronics and the automotive sector.

Target Information

黑芝麻智能科技有限公司 (Black Sesame Technology) has successfully secured nearly 100 million RMB in a Series A+ financing round. The investment round was led by NIO Capital, with participation from Plug and Play, Xindong Energy Investment Fund, and Northern Light Venture Capital. Established in 2016, Black Sesame is focused on developing and applying core technologies in visual perception, positioning itself as a leader in embedded imaging and computer vision. The company is headquartered in Shanghai and Silicon Valley, boasting a team of over 80 members, all of whom have more than 15 years of industry experience. The primary business revolves around providing solutions in image processing and computing, alongside an AI-driven embedded visual perception platform.

The company's current focus lies in two main sectors: consumer electronics (particularly smartphones) and automotive ADAS (Advanced Driver Assistance Systems) and autonomous driving perception. Given the shorter development cycles in the consumer electronics industry, Black Sesame aims to capture significant market share in this area while also investing resources into developing AI-based solutions for the automotive sector.

Industry Overview

The rapid advancement of artificial intelligence has created unprecedented opportunities across various sectors, particularly in China, where innovation in technology is at the forefront of development. The Chinese government has invested heavily in AI, facilitati