Hard Krypton learned that the industrial AI generative design software and solution provider Set Sequence Technology completed nearly 100 million yuan A+ round of financing, led by Amoeba Capital, Yonghua Investment and Lenovo Venture Capital, an old shareholder. This round of funding will be used to expand new business scenarios, product development and marketing. Previously, it has received continuous investment from Jianfeng Changqing, Gaorong Venture Capital, SIG Hainer Asia Venture Capital and Lenovo Venture Capital.
Founded in 2020 and headquartered in Shanghai. Our products use AI technology and are based on self-developed AIGE (Engineering) data structures to improve the efficiency and quality of industrial design, simulation, process and manufacturing.
PXLE-4143 At present, there are still pain points to be solved in industrial design in automotive and other fields. Design engineers need to build the model of the part and revise the sketch many times. After the design is completed, the cooperation of multiple links such as simulation also lags behind, and it is difficult to concentrate the modification opinions, which makes the overall efficiency low.
As a result, we introduce AI into the design process and launch software applications. Trained on industry data, the AI can understand input instructions from engineers, model them and generate sketches. If adjustments are needed, AI can intelligently change relevant parts on the basis of the original drawing, and it is no longer necessary to re-model and generate them in accordance with traditional drawing methods.
Wu Yongrong, founder of Xuanxu Technology, said that in a mature scenario, its AI products can generate hundreds of sketches in a few minutes, improve the efficiency of the design process by more than 10 times, and shorten the delivery cycle.
The company has launched its core product “Flash Setup.” This is an industrial intelligent generative design software, mainly relying on geometric graphics technology and AI technology, which can provide intelligent generation and intelligent interaction functions under the cloud architecture. At present, the product is used in many design fields in the automotive, aviation and other industries, and will continue to expand more application industries this year.
Since its establishment, based on data and industry scenarios, “Flash” has continuously increased the number of parameters and data of self-developed generated models to improve the accuracy of generation and the performance of iterative algorithms; At the same time, the sequencing technology also accesses the large natural language model on the basis of the generated model to provide a way to input instructions to improve the interactive experience of software.
PXLE-4143 Compared with traditional industrial software, the products of Sequence technology can achieve intelligent generation in the design process, reduce complicated manual operation, reduce the cost of local deployment through cloud technology and facilitate real-time collaboration.
In terms of commercialization, the company focuses on B-end services: the company team can provide integrated design services for the leading manufacturers in the fields of automobile manufacturing and aviation manufacturing, deliver design solutions, and also provide software products; For small and medium-sized B clients, it mainly provides standard software. Since the official commercialization in 2021, the revenue of programmed technology has doubled.
According to the data of the National Bureau of Statistics, the automotive equipment market has reached a volume of one trillion yuan, and the space equipment market has exceeded one hundred billion, and the market space is quite large.
In terms of the founding team, the founder and CEO, Dr. Wu Yongrong, has 10 years of experience in the automotive manufacturing industry, once worked for General Motors in the United States, and Yu Nio is an AI intelligent manufacturing expert. The founding members have many years of experience in intelligent manufacturing or AI algorithm research and development.