# ROCK-AI

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

- Industry: Software
- Headquarters: Beijing, China
- Website: www.rock-ai.com
- Latest round: Series A (Aug 1, 2023)
- Investors on record: 4

## About

Established in 2020 and based in Beijing, China, ROCK-AI operates as a technology company that focuses on the R&D of automobile autonomous driving solutions. Its team members came from Tsinghua University, University of Science and Technology Beijing, Yutong, and other universities and enterprises. The company cooperated with scientific research institutes of China University of Mining and Technology, University of Science and Technology Beijing, etc. It was recognized as the National High-Tech Enterprise. The company has a production center in Beijing as well as an R&D center in Xi’an. In June 2024, ROCK-AI closed a strategic investment.

ROCK-AI mainly engages in the research and development of unmanned driving solutions for mine scenarios. Its products include real-time positioning systems, 5G network communication systems, mine safety and assistance systems, mine transportation robots, etc. The unmanned system can realize the functions of car-shovel alignment, autonomous navigation, autonomous unloading, active avoidance, etc., which can complete the task of mine car transportation in the scenarios of raw coal crushing station and earth discharge yard. The company also provides driverless transportation and related services for mining customers.

The company generates revenue by providing driverless solutions and related services for mining customers.

The company will use the strategic investment to promote the use of AI, driverless and other technologies in the field of mine intelligence. The company aims to operate more than 100 driverless vehicles, as well as achieve single-mine profitability at benchmark mines, within this year.

## Funding rounds

- Series A, Aug 1, 2023 — E-Town International Industrial Investment, Wuhan Hanyang Investment
- Series A, Apr 12, 2023 — Shanda Capital, Zhongfa Advanced Capital

## Investors

- Shanda Capital — Series A
- Zhongfa Advanced Capital (https://capitalatlas.ai/funds/zhongfa-advanced-capital) — Series A
- E-Town International Industrial Investment (https://capitalatlas.ai/funds/e-town-international-industrial-investment) — Series A
- Wuhan Hanyang Investment — Series A