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Hesai
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Short description

Developer of LiDAR technology for autonomous vehicles and natural gas leak detection

Founded in 2013
Founded in

Company type Public Public (HSAI)
Company type

Industry Group transportation & logistics

Sector vehicle components

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters China Shanghai, China
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Updated by at on 01/14/2025

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Date Partner Type
01/06/2022
Lumentum Lumentum
Partnership will focus on incorporating VCSEL array light sources to improve solid state directional LiDAR systems to make them more cost effective and easier to integrate with autonomous vehicles
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IPO INFORMATION

Date

01/19/2023

IPO status

Listed

IPO Type

IPO

Amount

$100M

Initial shares

Ticker symbol

HSAI

Exchange listed

NASDAQ

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Date Investors Type Amount
11/16/2021 Shunwei Capital Partners Shunwei Capital Partners (1)
Post-money valuation of
This funding will be used for mass production and delivery of Hesai's hybrid solid-state lidar.
 Growth Equity $70,000,000
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