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Shine Autonomous Driving Technology

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Autonomous driving technology developer that provides overall solutions for autonomous driving and intelligent networking

ChinaFounded 2021Transportation
Valuation $50–100M Last recorded · 2024
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Shine Autonomous Driving Technology and the history behind them.

About Shine Autonomous Driving Technology

Shine Autonomous Driving Technology, founded in December 2021, is a Chinese company that originates from 15 years of technological development at the Hefei Institute of the Chinese Academy of Sciences. The company operates in the autonomous vehicle sector, focusing on the development of high-level intelligent driving platforms and scenario-specific products. Its business is structured around three main segments: intelligent driving systems, smart equipment, and integrated vehicle-road-cloud solutions.

The company's offerings include a proprietary L4 autonomous driving system which is a key feature in its third-generation driverless sightseeing bus, the "Xingchi Bujing". This bus, developed in partnership with Ankai Bus, a subsidiary of JAC Group, is designed for operation on open urban roads. The system is powered by a 500+ TOPS automotive-grade computing platform and utilizes a comprehensive sensor suite including LiDAR, millimeter-wave radar, ultrasonic radar, and visual sensors to achieve 360-degree environmental perception. It also incorporates an advanced AUGRU predictive model for forecasting the behavior of multiple objects.

Shine Auto serves automakers by supplying intelligent driving components that are already in mass production. Its smart equipment, which includes buses and mining dump trucks, is in standardized operation in real-world environments. Furthermore, the company's integrated vehicle-road-cloud solutions have been implemented in various settings such as city parks and ports. In late 2024, the company secured over 100 million yuan in a Pre-A funding round to support further platform advancement, product development, and the expansion of industry partnerships. Investors in the company include Hefei Venture Capital, USTC Silicon Valley, Anhui Zhongan Capital, and JAC Motors.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
China
Open positions
None listed
Dealroom signal
19.3/100
Industry
Transportation
Sub-industry
Autonomous & Sensor Tech
Sector
Transportation, Autonomous Vehicle
Client focus
b2b
Links
Website

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Nov 2024 $14M $55M Hefei Hi-Tech Venture Capital ↗
SERIES A✓Equity / VC Aug 2024 $2.8M $11M HKUST Silicon Valley ↗
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Growth signals

Shine Autonomous Driving Technology website traffic

Latest recorded traffic for Shine Autonomous Driving Technology is 190 monthly website visits.

Latest monthly visits190
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Investments and acquisitions

Capital deployed

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Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

  • HKUST Silicon Valley
  • Hefei Hi-Tech Venture Capital
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Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China HQ
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Market sentiment

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