Xi Venture Capital has invested in Black Sesame Intelligent, a company that has landed on the Hong Kong Stock Exchange

　　On August 8th, Black Sesame Intelligent International Holdings Limited (02533. HK) officially listed on the Hong Kong Stock Exchange. The industry fund jointly established by Xichuang Capital and Wentai Technology participated in the company's Series C financing in 2021.

　　Black Sesame Intelligence is a leading supplier of automotive grade intelligent automotive computing chips and chip based solutions. The company started with the Huashan series of high computing chips for autonomous driving and recently launched the Wudang series of cross domain computing chips to meet the more diverse and complex demands for advanced functions in intelligent vehicles. The company's own automotive grade products and technologies equip intelligent vehicles with critical task capabilities, including autonomous driving, intelligent cockpit, advanced imaging, and connectivity. By developing IP cores, algorithms, and software driven SoCs and SoC based solutions independently by the company, we provide full stack autonomous driving capabilities to meet a wide range of customer needs. According to Frost&Sullivan's data, based on the shipment volume of automotive grade high computing SoCs in 2023, Black Sesame Intelligence is the third largest supplier in the world.

　　As the "brain" of autonomous vehicles, autonomous driving AI chips play a crucial role in improving the intelligence level of cars and achieving higher-level autonomous driving functions. With the power of capital, Xi Venture Capital continues to assist intelligent driving industry chain enterprises such as Black Sesame Intelligent and Connected Car World, injecting more new quality productivity into the development of Wuxi's intelligent connected car industry.