Juefx

About Juefx

Juefx, also known as Juefei Technology, is a Beijing-based firm founded in 2019 that specializes in autonomous driving technology. The company has positioned itself as a provider of a "data engine" for intelligent driving, focusing on multi-sensor fusion computations to deliver smart driving solutions.

The company's leadership team possesses extensive experience in relevant industries. The founder, Liu Bin, has a background of over a decade in internet R&D and technology management, including roles as a general manager at a major map provider and senior vice president at a smart car device company, where he was responsible for map data and in-car software development. The CEO, Li Dongmin, previously served as the general manager of Baidu Maps, where he oversaw product strategy and user experience. His background also includes a master's degree from the Chinese Academy of Sciences and over a decade of experience in managing and developing products with user bases exceeding 100 million.

Juefx's business model centers on providing comprehensive solutions for decision-making platforms and location services for L2 to L4 autonomous driving. The company serves autonomous car manufacturers and focuses on three primary application scenarios: passenger car travel, mainline haulage, and endpoint logistics. Revenue is generated by offering these intelligent driving solutions and a data platform. The firm has secured significant financial backing, raising $29.6 million from investors including CMBC Capital, Legend Star, HyGoal Capital, Yunqi Partners, and Lightspeed China Partners.

The company's core offerings include a proprietary autonomous driving machine decision data platform and intelligent traffic information services. A key product is the ADAS 2.0 high-precision map, developed using a unique "laser radar + binocular vision" data collection system that allows for a high degree of automation in map production. Juefx has also developed the "LAMBDA" perception framework, which is optimized for various hardware platforms, and the "Super Sense" technology for enhanced positioning services. The company is also involved in developing vehicle-to-everything (V2X) solutions, collaborating with companies like Innoviz to deploy LiDAR on smart city infrastructure to monitor traffic and provide real-time alerts to autonomous vehicles.