Investor process launched for 3D sensor specialist LiangDao

After LiangDao GmbH filed for insolvency, the provisional insolvency administrator Ivo-Meinert Willrodt from PLUTA Rechtsanwalts GmbH initiated a structured investor process for the technology company. The aim is to find a long-term solution for the provider, which specializes in software for 3D sensor technology.

The Local Court of Munich had ordered provisional insolvency administration on December 1, 2025. The background to the insolvency application was a liquidity bottleneck. LiangDao has locations in Munich and Berlin and is particularly active in the field of autonomous driving and smart mobility.

Business operations continue - employee salaries secured

According to the insolvency administrator, business operations will continue in full. Talks with customers and partners have been positive so far and ongoing projects are being processed as planned. Most of the development work is taking place in Berlin, while the company's headquarters are in Munich.

The wages and salaries of the more than 30 employees are covered for a period of three months by the insolvency substitute benefits paid by the Federal Employment Agency. The PLUTA team has organized the pre-financing of the insolvency substitute benefits and has already made the first payments. Mr Willrodt informed the staff about the current status of the proceedings at staff meetings at both sites. He is being supported by attorney Mr. Stefan Riegger and business lawyer Mr. Michael Kunstwadl.

Search for investors for sustainable continuation

Over the past few weeks, the restructuring team has gained a comprehensive overview of the company's economic situation. The provisional insolvency administrator still sees potential in the business model.

Business operations are stable and there is support from customers. The aim is to find an investor who recognizes the technological potential and continues the business in the long term

Ivo-Meinert Willrodt, PLUTA Rechtsanwalts GmbH

The investor process is being supported by Advyce & Company GmbH as part of a structured M&A process. Prospective buyers can submit offers until January 2026, which will then be reviewed.

Software for LiDAR-based 3D sensor technology

LiangDao develops software solutions for 3D sensor technology based on LiDAR technology. This enables the high-precision detection of environments and plays a central role in applications such as automated driving, intelligent transportation systems and smart city solutions.

The software supports manufacturers in testing and training autonomous driving functions, provides relevant sensor data and enables real-time analyses under real conditions. In addition to the automotive sector, the solutions are also used in robotics and mobility applications.

International group structure

The company was founded in 2018. The shareholder is a group of companies based in Beijing. While the Chinese sister company focuses on hardware, the German LiangDao GmbH is exclusively responsible for software development. All patents and rights to the software solutions are held by the German company, which operates independently.