Beijing (ZXZC)- Shanghai Jinghe Photoelectric Technology Company (Jinghe Tech) has completed its A+ round of financing worth tens of millions of yuan, led by Baidu Ventures.

Headlight; photo credit: Jinghe Tech

Jinghe Tech disclosed that the funds would supplement the company’s R&D and working capital. Meanwhile, the company is kicking off another investment round.

Founded in 2011, Jinghe Tech is an automotive LED module system solution supplier, performing collaborative R&D, designing and manufacturing of digital and intelligent lights with automakers. The company holds core technologies in the intelligent LED module, lighting domain controller fields.

Photo credit: Jinghe Tech

The company has been paving its way for digital and intellectual transformation since 2017. The company is home to an electronic driver and digital driver R&D unit and an artificial intelligence unit, gradually forming supply capabilities of comprehensive digital car light and smart car light solutions.

Moreover, the company also established a V2X intelligent interaction unit to develop car light domain controllers and support FOTA car light software updates.

Currently, Jinghe Tech offers full-stack software/hardware products and services of photic modules, drivers, and domain controller ECUs. The company also has the production capability for matrix ADB headlight panels.

Notably, Jinghe Tech’s products have landed several large-scale mass production orders from various automakers, including XPeng, BYD, GAC AION, Nissan, and Geely. Multiple models adopting Jinghe Tech’s intelligent lights from WM Motor, HOZON Auto, and Human Horizons are expecting mass production soon.