About ECARX
ECARX is a company based in London (United Kingdom) founded in 2017 by Ziyu Shen and Eric Li.. ECARX has raised $50 million across 2 funding rounds from investors including Luminar Technologies and Geely. The company has 1,900 employees as of December 31, 2024. ECARX offers products and services including Digital Cockpit, AD/ADAS, Centralised Domain Controller, and Software Services. ECARX operates in a competitive market with competitors including Cummins, SEDEMAC, Valeo, UNO Minda and Schaeffler, among others.
- Headquarter London, United Kingdom
- Employees 1900 as on 31 Dec, 2024
- Founders Ziyu Shen, Eric Li
- Stage Public
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Ecarx Holdings Inc.
-
Annual Revenue
$772.74 M16.49as on Dec 31, 2024
-
Net Profit
$-129.55 M2.41as on Dec 31, 2024
-
EBITDA
$-101.82 M12.78as on Dec 31, 2024
-
Total Equity Funding
$50 M (USD)
in 2 rounds
-
Latest Funding Round
-
Investors
Luminar Technologies
& 1 more
-
Employee Count
1900
as on Dec 31, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of ECARX
ECARX is a publicly listed company on the NASDAQ with ticker symbol ECX in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of ECARX
ECARX offers a comprehensive portfolio of products and services, including Digital Cockpit, AD/ADAS, Centralised Domain Controller, and Software Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for digital vehicle interfaces and user experiences
Solutions for advanced driver assistance and safety features
Manages integrated vehicle computing and operations
Provides software for automotive hardware integration
Funding Insights of ECARX
ECARX has successfully raised a total of $50M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
-
First Round
First Round
(07 Sep 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series B - ECARX | Valuation |
investors |
|
| Sep, 2021 | Amount | Series B - ECARX | Valuation | Geely |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ECARX
ECARX has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Luminar Technologies and Geely. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
LiDAR-based sensors for autonomous vehicles are developed.
|
Founded Year | Domain | Location | |
|
SUV cars are manufactured by Geely in China.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ECARX
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - ECARX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ecarx Comparisons
Competitors of ECARX
ECARX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cummins, SEDEMAC, Valeo, UNO Minda and Schaeffler, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manufacturer of gas-powered construction equipment
|
|
| domain | founded_year | HQ Location |
Electrical and electronic parts for automobiles are provided by SEDEMAC.
|
|
| domain | founded_year | HQ Location |
Automotive products and services are supplied globally to automakers.
|
|
| domain | founded_year | HQ Location |
Manufacturer and supplier of major auto components to OEMs and tier 1 companies
|
|
| domain | founded_year | HQ Location |
Manufacturer of bearings for the automotive industry
|
|
| domain | founded_year | HQ Location |
Automotive components and systems are manufactured for vehicles.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Ecarx
Frequently Asked Questions about ECARX
When was ECARX founded?
ECARX was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is ECARX located?
ECARX is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of ECARX?
Ziyu Shen is the current CEO of ECARX. They have also founded this company.
Is ECARX a funded company?
ECARX is a funded company, having raised a total of $50M across 2 funding rounds to date. The company's 1st funding round was a Series B of $50M, raised on Sep 07, 2021.
How many employees does ECARX have?
As of Dec 31, 2024, the latest employee count at ECARX is 1,900.
What is the annual revenue of ECARX?
Annual revenue of ECARX is $772.74M as on Dec 31, 2024.
What does ECARX do?
ECARX was founded in 2017 and is headquartered in London, United Kingdom. Operations center on the production of automotive electronic components within the technology sector. Products encompass infotainment head units, digital cockpits, vehicle chip-set solutions, active safety electronics, unmanned driving sensors, controllers, and related items. The company supports vehicle integration and advanced driving systems through these offerings.
What products or services does ECARX offer?
ECARX offers Digital Cockpit, AD/ADAS, Centralised Domain Controller, and Software Services.
Is ECARX publicly traded?
Yes, ECARX is publicly traded on NASDAQ under the ticker symbol ECX.
Who are ECARX's investors?
ECARX has 2 investors. Key investors include Luminar Technologies, and Geely.
What is ECARX's ticker symbol?
The ticker symbol of ECARX is ECX on NASDAQ.
What is ECARX's valuation?
The valuation of ECARX is $3.3B as of Sep 2021.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.