htmlOctober 18th news, OTA solution provider Ailabi recently completed a B round of financing of nearly 100 million yuan. This round of financing was led by Guoke New Energy and followed by Canglin Investment. This round of financing will be mainly used for two aspects: one is product research and development, and the other is to supplement the working capital required during business development.
Airabi was founded in 2017. It is an Internet of Vehicles OTA solution provider, providing customers with OTA products and solutions leading to the AI intelligent world, such as firmware upgrade (FOTA), software upgrade (SOTA), cloud diagnosis (DOTA), and Internet of Things upgrade solution (IOTA). At the same time, it provides big data services to customers and users based on the Irabi OTA cloud platform service. The automotive OTA management platform can realize functions such as upgrade package production, vehicle management, strategy management, task management, data statistics, etc.
Sun Rongwei, founder of Ailabi, said that as the trend of software-defined cars becomes clearer, hardware pre-embedded + software OTA continues to upgrade "has gradually become the mainstream strategy of car companies today. The essence of OTA is a channel. After the vehicle is sold, cars can still provide product update/upgrade services to customers through OTA online upgrades, giving full play to the value of the "life channel" of the automobile. As the capabilities of automobile OTA continue to enhance, the business model of the automobile industry is changing from "selling new cars" to "continuous upgrade service" model, gradually opening up the "golden channel" of automobiles.
At present, Ailabi has accumulated more than 100 related patents and software copyrights in the OTA field, and has passed the international software CMMI-3 level certification and automobile OTA projects ASPICE CL2 certification. From a purely technical perspective, the upgrade success rate of the OTA of Airabi vehicle is 99.99%. If the vehicle is interrupted due to sudden incidents such as network and power during the upgrade process, Airabi can return the car's system to the original version if the upgrade fails to complete to ensure the normal operation of the vehicle; in terms of upgrade time, Airabi can control the upgrade time within 40 minutes; from a security perspective, Airabi will ensure that each model completes various hacker attack and defense safety drills before it is offline to ensure the vehicle's defense ability and security performance to the greatest extent. Huang Jun, founding partner of
Potential Energy Capital: "As the terminal of the C-end, the largest software and hardware collection of C-end, the software was previously written in the controller in advance, and the software and hardware are highly nested, and the development of automotive software is limited. Now the automotive EE architecture is upgraded, and the decoupling of development of automotive software and hardware has further led to changes in the supplier model of OEMs, and more and more software Tier1 has emerged. The characteristics of the iterative version of the software have further stimulated the automotive OTA industry, and investment opportunities for independent third-party automotive OTA companies have emerged. In the three years of the epidemic, the software industry has been sluggish, but the Airabi business in the automotive software scenario has grown by 6 times and continues to maintain a high growth trend. As a global leader in the automotive OTA industry, Potential Energy Capital continues to be optimistic about the development of Airabi and will provide firm support in the subsequent financing process. ”
