LeiShen Intelligent System

About LeiShen Intelligent System

LeiShen Intelligent System (LSLiDAR), founded in February 2015 by Hu Xiaobo, is a LiDAR and solutions provider headquartered in Shenzhen, China. The founder, Mr. Hu, brings over two decades of experience in the optoelectronic industry, having previously founded Max Photonics, a major fiber laser manufacturer in China. This background in fiber laser technology is a core advantage for the company, as it allows for in-house development of key LiDAR components, which can constitute a significant portion of the sensor's cost.

The company's business model revolves around the research, development, manufacturing, and sale of LiDAR sensors and comprehensive solutions built upon this technology. LeiShen serves a diverse client base across nine major industries, including autonomous driving, smart transportation, rail, robotics, logistics, mapping, security, port automation, and industrial automation. Revenue is generated through the sale of its wide range of LiDAR products and integrated solutions to businesses and individuals globally, with exports to over 10 countries, including the US, Canada, and Germany.

LeiShen's product portfolio is extensive, featuring a variety of LiDAR technologies such as Time-of-Flight (TOF), phase method, triangulation, and FMCW. This allows them to offer a broad matrix of products, including 2D and 3D LiDAR, multi-line mechanical LiDAR, and various hybrid solid-state and solid-state models. A key selling point is the in-house development and production of critical components, including a self-developed LiDAR chip and 1550nm fiber lasers, which supports cost control and performance optimization. The company has achieved significant milestones, including obtaining IATF 16949 certification for automotive quality management and ISO 26262 ASIL D certification for functional safety, the highest level. Its CH32 LiDAR was noted as the first in China and second in the world to pass vehicle specification certification.

Financially, the company has progressed through multiple funding rounds, including a Series B in 2018 and subsequent Series C and D rounds, to fuel its R&D and expand production capacity. A substantial portion of investment is directed towards R&D and the enhancement of its automated production lines, with a dedicated automotive-grade factory established in Xuzhou. This focus on vertical integration and automated manufacturing aims to increase production efficiency, ensure product consistency, and meet the growing demand for automotive-grade LiDARs.