# VICORETEK CO.

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

- Industry: Electronics
- Headquarters: Nanjing, China
- Website: www.vicoretek.com
- Latest round: Angel (Jul 30, 2020)
- Investors on record: 4

## About

Based in Nanjing, China, and founded in 2019, VICORETEK CO., LTD. operates as a machine vision company that provides 3D intelligence fusion perception systems for robots. It established a research and development center in Shanghai. And its R&D team members account for more than 90% of employees, and its team members mainly graduated from Peking University and Jiaotong University. Before establishing the company, the founder, Yuan Diwen was a senior vice president of Spreadtrum Communications (Shanghai) Co., Ltd.

VICORETEK CO., LTD., offers intelligent obstacle avoidance vision solutions and commercial vehicle-assisted driving solutions, which are both artificial intelligence (AI) vision recognition obstacle avoidance modules designed and developed specifically for sweeping robots. Based on neural networks for depth perception and intelligent fusion imaging, it has a hardware acceleration engine for machine vision, CV Processor, and an intelligent fusion engine for multichannel data acquisition, Smart Fusion Engine. The products can support multi-sensors fusion to improve depth imaging performance and positioning accuracy. Those products are used in the fields of consumer robots, industrial robots, and vehicles.

The company generates revenue by providing hardware chip platforms and rapidly deployable application solutions for perception systems for mobile robots, AR/VR augmentation, virtual reality, and autonomous driving.

## Funding rounds

- Angel, Jul 30, 2020 — Coastal Capital, Shenzhen Capital Real Estate Fund, Tengding Capital, Huacheng Capital

## Investors

- Coastal Capital (https://capitalatlas.ai/funds/coastal-capital) — Angel
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Angel
- Tengding Capital — Angel
- Huacheng Capital — Angel