Yu Kai
$2.0B
Born
Jan 01, 1977
Age
48
Source of Wealth
Autonomous driving
Residence
Beijing,
Citizenship
China
Marital Status
Children
0
Education
- Yu Kai is the chairman and CEO of Beijing-based Horizon Robotics, which develops both the software and hardware needed for self-driving cars.
- The company listed on the Hong Kong Stock Exchange in October 2024 in what was the bourse's largest IPO so far in the year, raising nearly $700 million.
- Before it went public, Horizon has attracted investors including SAIC Motor, 5Y Capital, Hillhouse, HongShan and Volkswagen.
- Horizon claims to be the largest Chinese provider of assisted and autonomous driving systems in the country by installation volume, counting Volkswagen, Hyundai Motor and BYD as its customers.
- An AI scientist, Yu started an autonomous driving project at Baidu before cofounding Horizon Robotics in 2015 with other former Baidu employees.
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