# Black Sesame

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/black-sesame

- Industry: Electronics
- Headquarters: Wuhan, China
- Website: www.bst.ai
- Total disclosed funding: $215M
- Latest round: Series C (Aug 8, 2022)
- Investors on record: 24

## About

Based in Wuhan, China and founded in 2016, Black Sesame International Holding Limited, trading under the name Black Sesame, provides automotive-grade computing chips and solutions for the global market. The company maintains R&D and sales centers in Silicon Valley, Shanghai, Shenzhen, and Singapore, with a core team drawing experience from companies like Bosch, NVIDIA, and Qualcomm. In August 2024, the company completed its initial public offering on the Hong Kong Exchanges and Clearing Ltd. (HKEX). In March 2026, the raised HKD 568.9 million through a PIPE transaction.

he company works with automotive OEMs and Tier 1 suppliers to provide the Huashan and Wudang series of smart computing chips, as well as the Hanhai autonomous driving middleware platform. Its chip products, such as the Huashan A1000 and A1000 Pro, support Level-2 Advanced Driver Assistance Systems (ADAS), Driver Monitor Systems (DMS), and Surround View Monitor (SVM) applications. The company also develops perception algorithm solutions and core IP for robotics and intelligent vehicle technologies.

The company plans to use the funding to support its continuous development and business growth, primarily for strategic mergers, acquisitions, and investments in artificial intelligence (AI) chips, semiconductor industry chains, robotics, and related advanced technologies, with the remainder allocated for general working capital purposes.

The company will use the funding for SoC R&D, R&D personnel recruitment, vehicle support software upgrades, and sales and service network expansion.

## Funding rounds

- Series C, Aug 8, 2022 — Hina Group, GF Xinde Investment, Summitview Capital, China Industrial Bank, Xin Ding Capital, Yangtze River Capital, North Beta Capital, Road Venture Capital Management (Beijing)
- Series C, Sep 22, 2021, $100M — Summitview Capital, Lenovo Capital and Incubator Group, FutureX Capital, Yuanhe Puhua Suzhou Management, Sunic Capital, Wingtech Technology, Xiaomi Group, China Automotive Chip Industry Innovation Strategic Alliance
- Series B, Apr 12, 2019, $100M — Legend Capital, NLVC, Delta Capital, FengHe Fund Management, SAIC Capital, China Merchants Venture Investment Management, SK China
- Series A, Jan 5, 2018, $15M — NLVC, NIO Capital, Singularity Power Capital
- Series A, Nov 5, 2016 — NLVC

## Investors

- NLVC (https://capitalatlas.ai/funds/nlvc) — Series A, Series B
- NIO Capital (https://capitalatlas.ai/funds/nio-capital) — Series A
- Singularity Power Capital — Series A
- Legend Capital — Series B
- Delta Capital (https://capitalatlas.ai/funds/delta-capital) — Series B
- FengHe Fund Management (https://capitalatlas.ai/funds/fenghe-fund-management) — Series B
- SAIC Capital (https://capitalatlas.ai/funds/saic-capital) — Series B
- China Merchants Venture Investment Management (https://capitalatlas.ai/funds/china-merchants-venture-investment-management) — Series B
- SK China — Series B
- Summitview Capital (https://capitalatlas.ai/funds/summitview-capital) — Series C
- Lenovo Capital and Incubator Group (https://capitalatlas.ai/funds/lenovo-capital-and-incubator-group) — Series C
- FutureX Capital (https://capitalatlas.ai/funds/futurex-capital) — Series C
- Yuanhe Puhua Suzhou Management (https://capitalatlas.ai/funds/yuanhe-puhua-suzhou-management) — Series C
- Sunic Capital (https://capitalatlas.ai/funds/sunic-capital) — Series C
- Wingtech Technology — Series C
- Xiaomi Group — Series C
- China Automotive Chip Industry Innovation Strategic Alliance — Series C
- Hina Group (https://capitalatlas.ai/funds/hina-group) — Series C
- GF Xinde Investment (https://capitalatlas.ai/funds/gf-xinde-investment) — Series C
- China Industrial Bank — Series C
- Xin Ding Capital (https://capitalatlas.ai/funds/xin-ding-capital) — Series C
- Yangtze River Capital (https://capitalatlas.ai/funds/yangtze-river-capital) — Series C
- North Beta Capital — Series C
- Road Venture Capital Management (Beijing) — Series C
