Recently, the spatial intelligence company "Excellent Vision" announced the completion of two consecutive rounds of financing of nearly 50 million yuan angel and angel +, which were invested by well-known financial and industrial investment institutions such as BAIC Industrial Investment, MiraclePlus, Huamin Investment, Longding Investment, Qingzhi Capital, PKSHA Algorithm Fund, etc. Previously, Excellent Vision has completed a seed round of financing of tens of millions of yuan, which was invested by Chentao Capital. The completion of three consecutive rounds of financing fully reflects the high recognition of the technological innovation ability, industrial landing ability and future development potential of the excellent vision from all walks of life.
"Excellent Vision" is a spatial intelligence company, committed to upgrading video generation to 4D world models, giving AI large models the ability to understand, generate, common sense and reason about 4D space, realize interaction and action in 4D space, and move towards general spatial intelligence. General spatial intelligence has great value and role in the content creation of virtual spaces such as film and television games and the metaverse, as well as the data generation and cognitive reasoning capabilities of physical spaces such as autonomous driving and embodied intelligence.
The core team of "Excellent Vision" is a top comprehensive team with technology, industry and entrepreneurship in the direction of artificial intelligence. Founder and CEO Huang Guan is a Ph.D. in artificial intelligence from Tsinghua University, with more than ten years of AI experience, and has led the team to win the world championship of global authoritative AI competitions for many times, and published a number of well-known AI achievements. He has continuous entrepreneurial experience in AI and autonomous driving, and has led or participated in the financing of hundreds of millions of US dollars as a partner. At the same time, he also has rich industrial experience in Microsoft, Samsung, Horizon and other well-known enterprises, and has led a 100-person R&D team for many times.
The company's core team also includes Dr. Sun Shaoyan, former director of Alibaba Cloud and former general manager of Horizon Data Closed-loop Product Line; Dr. Zhu Zheng, a postdoctoral fellow at Tsinghua University who has published more than 50 top AI papers and has been cited more than 10,000 times; Mr. Mao Jiming, the former T10 architect of the major factory and the former head of Apollo simulation technology, and Mr. Chen Xinze, who has rich experience in large model algorithms and architectures and has won multiple AI world championships, and other top professionals in the industry. In addition, there are a number of senior product and business experts in the driving body, film and television games and other industries.
"Excellent Vision" is the first company in China to begin to explore and deploy the world model and spatial intelligence, and has made remarkable technical and commercial progress in both physical and virtual space, and has been widely recognized by the industry.
In the direction of physical space, Excellent Vision released the world's first physical world-driven autonomous driving world model - DriveDreamer series, providing data generation and closed-loop simulation solutions for the fields of autonomous driving and embodied intelligence. At present, the company has signed contracts to cooperate with a number of leading OEMs, serving dozens of related customers, and working with the industry to accelerate the general intelligence of the physical world.
In the direction of virtual space, Excellent Vision has released China's first model native 16-second ultra-long video generation model "YiSu", and has carried out in-depth cooperation with a number of customers in film and television, games, TV stations and other industries, and has also reached strategic cooperation with a number of leading AI film and television creation companies to work together to reach a new vision of content creation.
The field of artificial intelligence is undergoing explosive development and profound changes, which will profoundly affect all levels of society. At present, the field of video generation is developing rapidly, but there are still essential problems that need to be solved urgently, such as physical uncontrollability and inconsistent time and space in content creation. At the same time, the direction of embodied intelligence faces serious constraints such as the shortage of training data in the physical world and the lack of general reasoning ability.
Excellent Vision believes that upgrading video generation to a 4D world model and realizing general spatial intelligence is the most effective way to solve the above problems, which plays a decisive role in the content explosion of virtual space and the application explosion of embodied intelligence.
After this round of financing, Excellent Vision will continue to accelerate technology research and development and market expansion, and continue to lead the technological development and industrial breakthroughs in the direction of world models and spatial intelligence. We hope to build a new generation of data and content engines through world models and spatial intelligence, and work with creators and developers to unlock new horizons.
Investor's Perspective
BAIC Industrial Investment investors said:
"At present, the new quality productivity represented by intelligent driving is the future development trend, and the world model solves the current problems faced by intelligent driving with advanced ideas, which is expected to become a new generation of key technologies. In the direction of automotive intelligent driving, Excellent Vision widely serves intelligent driving, especially the development and closed-loop testing of end-to-end solutions, through data generation and closed-loop simulation solutions, which can greatly reduce the development cost of intelligent driving, thereby accelerating the research and development process of intelligent driving and even autonomous driving. We believe that with its deep accumulation in technology research and development and accurate judgment of the future trend of the industry, Excellent Technology will create more value in the field of intelligent driving and promote the intelligent upgrading of the automotive industry. BAIC expects to work with Extreme Technology to jointly promote industrial innovation and help the future development of China's automotive industry. ”
Mao Shengbo, Partner of MiraclePlus, said:
"The world model is the key to the realization of physical world agents such as autonomous driving and robots, and it is also very important for content creation in the virtual space. Excellent Technology is the first team in China to start to lay out the world model, and it is also one of the few teams in China that has top technology accumulation in CV, autonomous driving, large models and other directions, and has rich experience in industry, business and entrepreneurship. We look forward to Jijia Technology becoming a representative company in this field. “
Cui Bin, Founding Partner and President of CMIG, said:
"The AI track is a revolutionary track that is rare in a thousand years, and it is worth investing in the layout, and the layout of this track is to choose a team with disruptive core technology, and second, to choose a team with a grand vision and aspire to become a great entrepreneur; The best tech team has both of these qualities. At the same time, based on CMIG's rich experience in the field of culture and media, CMIG can provide many enabling points for the commercialization of excellent technology, and we are very optimistic about the track value of excellent technology. The spatial intelligence and world model proposed by Li Feifei's team has recently become the focus of industry attention and the key to AGI. The team not only has deep accumulation and advantages in world models and spatial intelligence-related technologies, but also has an orderly commercialization progress, and we believe that Greatstar Technology can become a representative enterprise in the direction of China's world model. ”
He Xiongsong, Executive General Manager of Chentao Capital, said:
"As a seed investor of Jijia Technology, we have witnessed the rapid growth, evolution and transformation of the Jijia team along the way, and are deeply impressed by the company's strategic foresight, technology research and development capabilities and commercial implementation capabilities. In 2023, the excellent team has seen the importance of the world model, and has made a series of representative pioneering work along this field, and has now achieved commercial implementation in multiple directions of the physical world. In 2024, we will see the team's forward-looking expansion of spatial intelligence into the virtual space, which coincides with the concept of "spatial intelligence" recently proposed by Li Feifei's team, which coincides with both the virtual space and the physical space. The road of technological innovation and entrepreneurship is full of challenges, and we have seen in the excellent technology team a deep love for artificial intelligence, a calm judgment of business trends, and a strong vitality for the entrepreneurial process. We believe that Jijia Technology will be a representative enterprise that stands out in the artificial intelligence track. ”
Zhang Yu, Founding Partner of Qingzhi Capital, said:
"Visual models and spatial models are both the frontier directions of AI technology, which play an extremely important role in virtual space including content industries such as games and the metaverse, as well as for intelligent entities such as autonomous driving and robots in the physical world, and the combination of vision and space is also one of the most imaginative technical routes in the future. As the earliest team in China to lay out the world model, Excellent Technology has deep technical accumulation in both virtual space and physical space, and the team's technical acumen and engineering landing ability in cutting-edge directions are impressive. Qingzhi Capital focuses on investing in early-stage projects of artificial intelligence, and continues to pay attention to technological breakthroughs and commercial progress in the direction of spatial intelligence, and we are very willing to explore the future with Great. ”
Longding Investment said:
"The era of generative video is opening, and the exploration of general artificial intelligence by science and technology has gone further, and the world model has become a critical path to realize general artificial intelligence. Data quality and cost in the field of autonomous driving is an important pain point, and the entry of generative video in this scenario is an exciting innovation, and the team has rich experience in R&D and entrepreneurship in both fields, and is the most influential team in the direction of the combination of world model and autonomous driving in China. We look forward to the excellent vision to go to the world model through video generation, and continue to move towards the goal of general artificial intelligence. ”
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