36Kr Exclusive | Weihie Information Completes Nearly 100 Million Yuan Series A Financing to Accelerate Breakthroughs in Hardware-in-the-Loop Simulation Technology
36Kr has learned that recently, Weihui Information, an enterprise specializing in simulation and testing of electronic control systems, has completed its Series A financing, obtaining nearly 100 million yuan in capital support once again.
It is reported that this round of financing will mainly be used to expand the high-end talent team, continuously deepen the research and development of HiL simulation testing products, and accelerate the global business layout.
With the rapid development of automotive electrification and intelligence, as well as the continuous digital upgrade of high-end equipment manufacturing industries such as aerospace and rail transit, the complexity and safety requirements of electronic control systems are constantly increasing, and the demand for simulation testing tool chains is surging. Data shows that it is expected that by 2025, the scale of the China HiL simulation testing market will exceed 10 billion yuan.
Under the strategic background of the country vigorously promoting the independent and controllable development of high-end manufacturing industries, the importance of localized tool chains is increasingly prominent, especially in key fields such as automobiles, aerospace, and industrial automation, where the demand for high-precision and highly reliable simulation testing products and solutions is particularly urgent. This is precisely the core business of Weihui Information.
Weihui Information was established in 2016, focusing on providing efficient and accurate simulation testing solutions for the research and development of electronic control systems in the global automotive and high-end manufacturing industries. Its core business focuses on the Hardware-in-the-Loop (HiL) simulation testing field, and it is one of the leading enterprises in this field in China.
In December 2022, Weihui Information completed an important international technology acquisition, successfully obtaining the global LABCAR IP and technology of Bosch/ETAS, achieving a strategic transformation from agent integration services to independent research and development and manufacturing.
In March 2023, after completing the first round of financing, the company completed the research and development and delivery of its first set of independent products within one year. And it successfully applied AI technology to the semi-physical real-time simulation testing system, significantly improving the efficiency of simulation testing.
In August 2024, Weihui Information became one of the first member units of the Innovation Consortium of the Digital Transformation Collaborative Innovation Platform for Central Automobile Enterprises of the State-owned Assets Supervision and Administration Commission of the State Council.
At the "Automotive R & D Tools - AI + Semi-physical Real-time Simulation Technology Seminar", Weihui Information first proposed the concept of "Four Minors", namely contextualization, modeling, digitization, and ecologization. Weihui will actively play the role of the leader of the simulation testing tool chain on the innovation consortium platform to build a mutually trusting and win-win cooperation platform for the industry.
In terms of customers, Weihui Information is gradually building a global business map. The company has currently successfully served many well-known vehicle manufacturers and Tier 1 suppliers, and the application scope of its products continues to expand, extending from the automotive industry to high-end manufacturing fields such as education, energy storage, ships, aerospace, and construction machinery.
In September 2024, the company brought the world-famous LABCAR brand with a 30-year history back to the European market, which is also an important breakthrough in its internationalization strategy.
After the completion of this round of financing, Weihui Information will further increase R & D investment to break through core technical barriers.
Xin Zhipeng, the founder and chairman of Weihui Information, said: "This financing of nearly 100 million yuan will provide a solid financial guarantee for our technological breakthroughs, product innovations, market expansion, and deepening of the layout. We will continue to deeply cultivate the HiL simulation testing field, forge swords for the country, and promote the intelligent and green development of the Chinese automotive industry and high-end manufacturing industries."