Hesai Technology - About the company
Hesai Technology is a public company based in Shanghai (China), founded in 2014 by , and . It operates as a Developer of LiDAR-based sensors for autonomous vehicles. Hesai Technology has raised $599M in funding from investors like Xiaomi, Lightspeed Venture Partners and Lightspeed China Partners. The company has 104 active competitors, including 37 funded and 18 that have exited. Its top competitors include companies like Luminar Technologies, Ouster and Innoviz.
Sectors and market segments that Hesai Technology operate in
Hesai Technology serves in the B2B space in the Auto Tech, Semiconductors market segments.The primary business model of Hesai Technology are:Company Details
Developer of LiDAR-based sensors for autonomous vehicles. It offers products like mechanical lidars, solid-state lidars, a sensing kit that integrates cameras, LiDAR, and data processing for synchronization and calibration. It has also developed a laser-based methane leak detector and a drone-mounted natural gas surveillance system for the energy sector. It has applications in logistics, robotics, automotive, and industrial sectors.
- Website
- Email ID
- @hesaitech.com
- Phone Number
- +86
Key Metrics
Founded Year
2014
Location
Shanghai, China
Stage
Public
Total Funding
in 6 rounds
Latest Funding Round
Ranked
4th among
Investment & Acquisitions
Similar Companies
Exit Details
Public
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Hesai Technology's funding and investors
Hesai Technology has raised a total funding of $599M over 6 rounds. Its first funding round was on Jan 2015. Its latest funding round was a Series D round on Nov 16, 2021 for $70M. 1 investor participated in its latest round, lead by Xiaomi.
Hesai Technology has 22 institutional investors including Xiaomi, Lightspeed Venture Partners and Lightspeed China Partners.
Here is the list of recent funding rounds of Hesai Technology:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Nov 16, 2021 | $70M | Series D | - | - | |
Jun 08, 2021 | $300M | Series D | $2B | - | |
Jan 07, 2020 | $173M | Series C | - | - |
View details of Hesai Technology's funding rounds and investors
Hesai Technology's founders and board of directors
The founders of Hesai Technology are , and . is the CEO of Hesai Technology.
Here are the details of Hesai Technology's key team members:
- : Co-Founder & CEO of Hesai Technology. They are also an angel investor in .
- : Co-Founder of Hesai Technology. Contact Info:
- : Co-Founder of Hesai Technology.
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Hesai Technology's Competitors and alternates
Top competitors of Hesai Technology include Luminar Technologies, Ouster and Innoviz. Here is the list of Top 10 competitors of Hesai Technology, ranked by ÃØÃÜÑо¿Ëù score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | Luminar Technologies 2012, Orlando (United States), Public | Developer of LiDAR-based sensors for autonomous vehicles | $306M | The Westly Group, The Gores GroupÌý&²¹³¾±è;Ìý | 79/100 |
2nd | ![]() Ouster 2002, San Francisco (United States), Public | Developer of LiDAR-based sensors | $140M | SVB, Constellation Technology VenturesÌý&²¹³¾±è;Ìý | 76/100 |
3rd | Developer of AI-powered solid-state LiDAR-based sensors and perception software | $252M | Sea Purity Investments, Shefa CapitalÌý&²¹³¾±è;Ìý | 67/100 | |
4th | 2014, Shanghai (China), Public | Developer of LiDAR-based sensors for autonomous vehicles | $599M | Hillhouse, Lightspeed Venture PartnersÌý&²¹³¾±è;Ìý | 66/100 |
4th | Cepton 2012, San Francisco (United States), Acquired | Developer of LiDAR-based positioning sensors for autonomous applications | $100M | Trinity Capital, GRC SinoGreenÌý&²¹³¾±è;Ìý | 66/100 |
6th | ![]() AEye 2013, Pleasanton (United States), Public | Provider of artificial intelligence and cloud enabled solutions | $61.8M | Kleiner Perkins, Intel CapitalÌý&²¹³¾±è;Ìý | 65/100 |
7th | ![]() Quanergy 2012, Sunnyvale (United States), Public | Provider of AI-driven LiDAR sensing solutions | $160M | Odenn Ventures, Samsung Venture InvestmentÌý&²¹³¾±è;Ìý | 61/100 |
8th | Lumotive 2016, Bellevue (United States), Series B | Developer of solid-state LiDAR sensors | $58M | Quan Ventures, Samsung Venture InvestmentÌý&²¹³¾±è;Ìý | 59/100 |
9th | Cron AI 2015, London (United Kingdom), Series A | Provider of 3D sensing based autonomous vehicles for perception | $7.33M | Ventureast, TechstarsÌý&²¹³¾±è;Ìý | 58/100 |
10th | ![]() LeddarTech 2007, Quebec City (Canada), Series D | Lidar-based perception solutions for autonomous vehicles | $299M | Cowen, FS InvestorsÌý&²¹³¾±è;Ìý | 58/100 |
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Hesai Technology's Investments and acquisitions
Hesai Technology has a total of 1 investment in Vertilite. Hesai Technology has not made any acquisitions as of now.
Reports related to Hesai Technology
Here is the latest report on Hesai Technology's sector:
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News related to Hesai Technology
Media has covered Hesai Technology for a total of 49 events in the last 1 year, 20 of them have been about company updates and 11 about partnerships.
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Tech in Asia•Apr 21, 2025•Hesai Technology
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Benzinga•Apr 21, 2025•Hesai Technology
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PR Newswire•Apr 01, 2025•Hesai Technology,
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Benzinga•Mar 22, 2025•Hesai Technology,
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