Horizon Robotics, a provider of technology for autonomous vehicles, has raised approximately $800 million by issuing new shares – or what’s called a “top-up placement” in investment jargon – on the Hong Kong stock exchange, according to Reuters.
The company also announced the official establishment of its European headquarters – in Munich, Germany – describing it as a “strategic milestone” that strengthens its global expansion and localized operations, enabling Horizon Robotics to deliver safer, more comfortable, and more convenient mobility experiences for drivers and passengers worldwide.
Building on its collaborations with global OEMs and Tier-1 suppliers, Horizon Robotics showcased its flagship full-scenario urban-NOA (Navigate on Autopilot) solution, HSD (Horizon SuperDrive), at the event.
Featuring a leading one-stage end-to-end architecture with reinforced learning capabilities, HSD delivers a smoother, more human-like, and highly reliable driver-assistance experience across complex urban scenarios.
The company also presented its Journey 6 processing hardware, which underpins Horizon’s assisted driving solutions and supports a full spectrum of capabilities, from foundational advanced driver assistance systems (ADAS) features to advanced urban NOA functionalities, serving both mainstream and premium markets.
With its strong product capabilities, Horizon Robotics has established a dominant position in China, securing the top market share in both ADAS solutions (45.8 percent) and overall intelligent assisted driving solutions (32.4 percent) among Chinese OEMs.
The company has partnered with more than 40 global OEMs and brands, including all of China’s Top 10 OEMs, securing design-wins for over 400 vehicle models and serving more than 6 million car owners.
Total shipments of Journey series processing hardware has surpassed 10 million units, making Horizon the first smart driving technology company in China to achieve this milestone and setting a new industry benchmark.
Leveraging this success, Horizon Robotics is rapidly expanding its role as a trusted smart mobility partner for Chinese OEMs going global.
To date, the company has supported seven leading Chinese OEMs, including SAIC, BYD, Chery, Great Wall, NIO and Voyah, powering over 25 vehicle models to enter major markets across Asia, Europe, the Middle East, South America, and Australia.
Horizon has also agreed an alliance with Volkswagen, specifically VW’s software business unit Cariad.
To enable deployments across these partnerships, all Horizon Robotics solutions are fully compliant with international and EU safety regulations and certification requirements, validated through over 1.5 million kilometers of real-world road testing across more than 50 countries and regions worldwide.
