TONGYU AUTOMOTIVE founded in 2016, specializes in intelligent driving technologies and essential components for new energy vehicles. The company prioritizes the research and development of next-generation control-by-wire chassis technologies. Their product lineup includes brake-by-wire systems, steering-by-wire systems, braking energy recovery systems, and advanced driver assistance systems. The latest milestone for the company is the CNY500.00M Series B investment received on 04 December 2023 from a group of prominent investors including BOCOM International, Rockets Capital 星航资本, JBC, Maintrend Capital, Yizhou Capital, CCB Capital, Xiaomi Industrial Investment, Tongchi Capital, Ruomu Capital, and Shenzhen Venture Capital. TONGYU AUTOMOTIVE operates in the Industrial sector, positioning itself at the forefront of the rapidly evolving automotive technology landscape.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series B | CNY500.00M | 10 |
|
04 Dec 2023 |
| Venture Round | Unknown | - | 07 Aug 2023 | |
| Series A | CNY200.00M | - | 19 Aug 2022 | |
| Angel Round | CNY3.00M | - | 11 Mar 2019 |
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