Stuttgart, Germany – Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group, has completed an investment in Beijing based UISEE, a provider of turnkey solutions for automated driving (AD), initially in restricted areas. Its AD tractors have started to get operational and transport freights of thousands of passengers daily at an international airport. “As one of the leading automated driving companies in China, UISEE provides an advanced Level 4 automated driving platform that addresses the need of efficiency improvement”, says Dr. Ingo Ramesohl, Managing Director at RBVC. “UISEE adds to a growing RBVC portfolio of proprietary technologies for automated driving and enables a variety of cooperation opportunities with Bosch in this area.” “We are excited to be supported by Bosch,” says UISEE CEO Gansha Wu. “The investment and cooperation with Bosch will support UISEE to elevate products and services and serve customers globally.”
Robert Bosch Venture Capital GmbH (RBVC) is the corporate venture capital company of the Bosch Group, a leading global supplier of technology and services. RBVC invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and future relevance for Bosch, above all, automation and electrification, energy efficiency, enabling technologies, and healthcare systems. RBVC also invests in services and business models that are relevant to the above-mentioned areas of business. Furthermore, RBVC enables co-innovation between Bosch and startup through the Open Bosch Program.
Additional information is available at www.rbvc.com
About UISEE Technologies Ltd.
Founded in 2016 and headquartered in Beijing, China, UISEE focuses on creating future-oriented mobility and logistics solutions with AI driving, reshaping the way we live by enabling utility, inclusive, safe experiences and efficient, eco-friendly city life style.
www.uisee.com
The Bosch Group is a leading global supplier of technology and services. It employs roughly 429,000 associates worldwide (as of December 31, 2023). The company generated sales of 91.6 billion euros in 2023. Its operations are divided into four business sectors: Mobility, Industrial Technology, Consumer Goods, and Energy and Building Technology. With its business activities, the company aims to use technology to help shape universal trends such as automation, electrification, digitalization, connectivity, and an orientation to sustainability. In this context, Bosch’s broad diversification across regions and industries strengthens its innovativeness and robustness. Bosch uses its proven expertise in sensor technology, software, and services to offer customers cross-domain solutions from a single source. It also applies its expertise in connectivity and artificial intelligence in order to develop and manufacture user-friendly, sustainable products. With technology that is “Invented for life,” Bosch wants to help improve quality of life and conserve natural resources. The Bosch Group comprises Robert Bosch GmbH and its roughly 470 subsidiary and regional companies in over 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. Bosch’s innovative strength is key to the company’s further development. At 136 locations across the globe, Bosch employs some 90,000 associates in research and development, of which nearly 48,000 are software engineers.
Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com.
