# ROVR Project Progress 2024/10/29

### **1. Project Basic Information**

ROVR is a hybrid DePIN project that leverages specialized hardware, including LiDAR, RTK, and other automotive-grade sensors, to capture 3D data from public roads. Its goal is to produce HD maps for ADAS and autonomous driving and to create large-scale spatial AI training datasets. Additionally, ROVR can mirror the physical world into a virtual digital realm in real-time, achieving complete synchronization between the two. This foundation paves the way for boundless future possibilities.

<figure><img src="https://1967514283-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCrCaZAKtrNMj1kPxghZg%2Fuploads%2FBr2bM5BHtkYVZykvoEDA%2Fimage.png?alt=media&#x26;token=75800431-102d-4ca0-a6a0-67cff4e2d2dc" alt=""><figcaption></figcaption></figure>

### **2. Project Highlights**

The ROVR data network officially launched on September 2, 2024, and as of today, ROVR has achieved the following progress:

* Over 800 users
* 1,500 units of hardware have been sold and delivered, with an additional 1,000 units on order that have already received deposits.
* Mapped 20+ countries, covering more than 800,000 kilometers
* At the request of our data customers, city-level mapping POC scheduled for mid-November
* **Seed Round (Still Open):** Valuation of $30 million, offering 5% ($1.5 million)

### **3. Detailed Description of Project Progress**

(\*ROVR guarantees the authenticity of all data. All ROVR hardware must utilize the GEODNET network; therefore, you can also inquire with GEODNET regarding the growth data of ROVR users and terminals.)

3.1 Over 1,500 TX hardware devices have been produced and delivered, with an additional 1,000 units on order scheduled for delivery in mid-November. Eight companies have already become global distributors for ROVR.

<figure><img src="https://1967514283-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCrCaZAKtrNMj1kPxghZg%2Fuploads%2FmOqNqIwp5j9npS6yuFRN%2Fimage.png?alt=media&#x26;token=cc8b7a65-e504-4755-9c41-3a5a0e0c97ac" alt=""><figcaption></figcaption></figure>

3.2 Over 800 registered users distributed across more than 20 countries, with a total mapping of over 800,000 kilometers.

<figure><img src="https://1967514283-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCrCaZAKtrNMj1kPxghZg%2Fuploads%2FrylJuvf5w53VOkAVwXiR%2Fimage.png?alt=media&#x26;token=b43d1bc1-29c4-49b9-bc90-8d74722db4f8" alt=""><figcaption></figcaption></figure>

<figure><img src="https://1967514283-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCrCaZAKtrNMj1kPxghZg%2Fuploads%2F5T3F3BXtaZOJiLq5Y9aX%2Fimage.png?alt=media&#x26;token=c29be8c5-e54c-4d5b-abe7-67b62ef9ac73" alt=""><figcaption></figcaption></figure>

3.4 The development of LC hardware (specialized equipment including LiDAR) has officially entered the DVT (Design Verification Testing) stage

<figure><img src="https://1967514283-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCrCaZAKtrNMj1kPxghZg%2Fuploads%2FBShlxa0qME9W9iL8kHuy%2Fimage.png?alt=media&#x26;token=df6cc6f7-0d20-4745-aa59-53f9c3b40794" alt=""><figcaption></figcaption></figure>

### 4. Data Products

#### 4.1 Customer Acquisition Progress

* 3 LOIs(Letters of Intent) from different data customers have already been signed
* Based on customer requirements, city-level mapping POC (in Paris) will commence in mid-November, with data delivery expected in January.

#### 4.2 Progress on real data mapping

* The following is based on the data collected over the past three weeks, specifically focusing on lane line segments created in the HD Map for technical validation

<figure><img src="https://1967514283-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCrCaZAKtrNMj1kPxghZg%2Fuploads%2FI5kxTgBeXP5jXizD6m3V%2Fimage.png?alt=media&#x26;token=c52c7d98-68fe-468a-aee8-705cc147b6b9" alt=""><figcaption></figcaption></figure>

(Data collected by ROVR TX device in M25 Highway, UK)

<figure><img src="https://1967514283-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCrCaZAKtrNMj1kPxghZg%2Fuploads%2FOnQ9pXpxr0VYRgrKoF6e%2Fimage.png?alt=media&#x26;token=3a0c7709-3008-479c-801c-df2d76f498bd" alt=""><figcaption></figcaption></figure>

(Data collected by ROVR TX device in San Francisco, USA)

### 5. Financing Progress

DePIN Accelerator\*\*:\*\* $200,000 from the Basecamp organized by Outlier Ventures in collaboration with Borderless Capital and Peaq.

**Seed Round (Still Open):** Valuation of $30 million, offering 5% ($1.5 million). This round of financing will continue until December

### 6. More Info

***

🔊 ***Pitch Deck:*** <https://pitch.com/v/rovr-pitch-deck-h5n84j>

📞 ***Schedule a Meeting:*** <https://calendly.com/guang-ling-rovr/rovr-meeting>

🗞️ *A**rticles:***

* [Shaping the Narrative around AI, DePIN and RWA through Q2 2024 Base Camp Accelerators - Outlier Ventures](https://outlierventures.io/article/shaping-the-narrative-around-ai-depin-and-rwa-through-q2-2024-base-camp-accelerators/)
* <https://x.com/ROVR71776/status/1813951588081467404>

��***Discord Community:*** <https://t.co/YNl9GincSm>

��***Twitter/X:*** [ROVR🌐｜Data-Driven Planet (@ROVR\_Network) / X](https://x.com/ROVR_Network)
