Yitu Tech (EXTURING) closes nearly 100 mln yuan Pre-B round

Shanghai, September 21 — EXTURING (弋途科技), an innovative leader specializing in AI-native full-stack capabilities for intelligent cockpit systems and automotive AI transformation, has announced the completion of its Pre-B funding round, securing nearly RMB 100 million.

The round was co-led by Shanghai Semiconductor and Sands Talk Capital, with participation from Jiupai Capital and Jiangsu Jinqiao. Existing shareholder Baohe Kechuang also increased its investment. The funds will be used to accelerate the规模化 deployment of AICAR, advance the next-generation AICAR integrated with proprietary on-device models, expand multi-terminal strategic布局 and global market presence, and strengthen R&D delivery systems and high-end talent development across multiple locations.

Product Milestones

• 2024: EXTURING delivered the industry's first mass-produced in-vehicle AI agent platform.
• 2025: Launched its core product, the Xinjie AI Full-Stack System.
• 2026 (Beijing Auto Show): Unveiled Xinjie AI Full-Stack System 2.0 and a global version of its cockpit solution.
• Recent: Launched EXTURING AICAR.
• Upcoming: The company will release its proprietary on-device model and integrated software-hardware achievements.

Market Presence

To date, EXTURING has served over 70% of China's leading domestic automakers and major joint-venture brands. Its solutions have been mass-produced in dozens of vehicle models, with cumulative deliveries reaching the million-unit level. The company is supported by a 300+ person AI-native team covering algorithms, systems, interaction design, and engineering delivery.

Investor Commentary

Shanghai Semiconductor stated: "The EXTURING team combines top-tier AI R&D with mass-production experience in intelligent vehicle operating systems. With an AI-native full-stack approach, the company has built a complete technology matrix covering in-vehicle domain-specific reasoning models, travel agent clusters, generative AI interaction, and an AIOS framework. Collaborating deeply with Volcano Engine, EXTURING has solved key challenges in deploying large models in vehicles. As the industry shifts toward AI-native intelligent cockpits, we believe EXTURING's dual expertise in AI and automotive, along with its proven mass-production capabilities, will keep it at the forefront of the AI-native cockpit赛道."

Sands Talk Capital commented: "China's new energy vehicles lead the world, and AI-driven automotive intelligence will inevitably bring experience upgrades and paradigm shifts. EXTURING, as an industry benchmark, is redefining intelligent cockpits with an AI-native approach, possessing an end-to-end full-stack technology system that is driving the evolution toward context-aware, proactive interaction. The founding team combines forward-looking technical vision with deep industrial implementation experience and is well-prepared for overseas markets. We are confident in EXTURING's potential in automotive intelligence and will support its global expansion with our domestic and international resources."

Jiupai Capital noted: "The automotive industry is undergoing a generational shift from 'feature phones' to 'smartphones.' The integration of AI large models is transforming cockpits from passive command-response systems to next-generation interactive systems capable of intent understanding and proactive service. EXTURING has consolidated model deployment, perception fusion, and scenario scheduling into a sustainable AI application base. We highly value the company's ability to bridge foundational model capabilities with user experience in the AI-defined vehicle era."

Jiangsu Jinqiao added: "EXTURING has a truly integrated team that understands AI, automotive, and mass production. With nearly 20 years of deep实战 experience at leading international Tier 1 suppliers and top new energy vehicle companies, the team has achieved world-class performance in on-device inference efficiency, multimodal fusion accuracy, and cross-domain coordination. Their strong engineering capabilities precisely address OEMs' pain points in the 'cockpit-driving integration and full-scenario adaptive intelligence' competition. We believe EXTURING will achieve significant growth under the guidance of the '15th Five-Year Plan' policies."

Baohe Kechuang remarked: "The automotive industry is moving from the 'electrification' phase to the 'intelligence' phase. Cockpit-driving integration, cross-domain coordination, and AI capabilities have become core differentiators for OEMs. EXTURING focuses precisely on these three areas, consolidating underlying computing power, operating systems, and cross-domain scheduling into a complete, mass-production-ready solution. Such a composite team is rare in the current industry chain, and we believe it has the potential to become an indispensable core partner in the intelligent upgrade of China's automakers."

Source: Investment China (投资界)