PerceptIn, Inc.

PerceptIn, Inc. develops advanced mobility solutions specializing in autonomous vehicle technology, offering innovative systems for accurate real-time positioning and navigation. Founded in 2016 and headquartered in Santa Clara, US, PerceptIn, Inc. focuses on providing advanced autonomous vehicle technology.

The company has completed a Series A funding round, raising CNY 1 million from Kingdee International on December 28, 2017, marking it as a key investment target. Shaoshan Liu is the founder of the company. PerceptIn specializes in advanced mobility solutions, primarily focusing on autonomous vehicle technology. Their core offerings include a self-operating system that integrates visual perception, visual inertial odometry (VIO), and GPS/VIO fusion to provide accurate real-time positioning and navigation capabilities.

The visual perception system utilizes deep learning technologies alongside traditional computer vision techniques to extract semantic information and spatial depth, ensuring reliable localization even in GPS-denied environments. These technologies are particularly relevant to urban transport systems, robotic vacuums, and other autonomous applications, targeting a diverse customer base that includes local governments, transportation authorities, and private enterprises. PerceptIn's products are deployed primarily in North America and Asia, with aspirations to extend their reach into European markets as they scale their operations. PerceptIn generates revenue through strategic partnerships and direct sales of its technology solutions to various sectors, including transportation, robotics, and smart city development.

The company engages in business-to-business transactions, providing tailored solutions to clients such as automotive manufacturers, public transit agencies, and technology integrators. Revenue is primarily derived from the licensing of their proprietary software and hardware solutions, as well as from ongoing service agreements that ensure clients can leverage the latest advancements in autonomous technology. Their pricing structures are based on the value delivered through flagship products, enhancing safety, efficiency, and operational costs for end users. The firm emphasizes long-term partnerships, integrating their technology into existing urban infrastructure and transportation systems.

PerceptIn plans to leverage its recent funding of CNY 1 million from the Series A round to support the development and launch of new products in the autonomous vehicle sector. The company aims to expand into European markets by 2025, enhancing its global footprint. This growth strategy includes increasing their partnerships with local governments and transportation authorities to integrate their advanced technologies into urban transport systems.