About TrunkTech
TrunkTech is a Transportation, Automotive & Logistics company based in Haidian (China) founded in 2017. It operates as an autonomous driving technologies are developed for commercial vehicles in logistics. Its chief executive is Tianlei Zhang. Its focus areas include Auto Tech, Autonomous Vehicles, Self Driving Technology and Trucks. Its competitors include PlusAI, Gatik, Kodiak Robotics, TuSimple and Waabi and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
TrunkTech was founded in 2017 in Haidian, China, within the autonomous vehicle sector. Combined hardware and software solutions are created for logistics applications in commercial vehicles. Autonomous fleet management systems and teleoperation platforms are also being developed to support operations. The focus remains on technologies tailored for freight and transportation needs in the region.
- Headquarters Haidian, China
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website trunk.tech
- Social LinkedIn
- InvestorsBAIC
& 9 more
Funding Insights of TrunkTech
- Total Rounds 6
- Investors Count 10
All 6 funding rounds of TrunkTech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | – | Series C | – | – | – |
| Feb 2022 | – | Series B | – | BAIC | |
| Nov 2021 | – | Series B | – | Guangzhou Yuexiu Industrial Investment Fund Management, ZWC | |
| Sep 2019 | – | Series A | – | Robert Bosch Venture Capital | – |
| Oct 2018 | – | Series A | – | Bell Capital, NIO Capital | – |
| Sep 2017 | – | Seed | – | xfyun | – |
10 investors in total: 10 institutional.
Investors in TrunkTech
TrunkTech has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include BAIC, Zhengzhou Investment Holding and Advantage Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | zztzkg.com.cn | - | |
Advantage Capital is engaged in equity and industrial investments. | 2002 | preipo.cn | Shanghai, China | |
Yuexiu Capital is engaged in financial services and asset management. | – | yuexiufund.com | Guangzhou, China | |
ZWC Partners is recognized for investment-related activities. | – | zwcpartners.com | - | |
- | – | bohaizhongsheng.tcc.mode | - | |
Venture capital firm investing in tech startups | – | bosch.ventures | Gerlingen, Germany | |
- | – | ebvc.com.cn | - | |
NIO Capital is focused on investments in mobility, energy, and technology sectors. | 2022 | niocapital.com | Shanghai, China | |
- | – | baicintl.com | - | |
Provides comprehensive AI-focused development services to enhance technological solutions. | 2014 | xfyun.cn | Hefei, China |
Investor details for TrunkTech
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People of TrunkTech
1 people are tracked at TrunkTech (1 in leadership).
| Name | Role | Group |
|---|---|---|
Tianlei Zhang | CEO | Leadership |
Complete people profiles for TrunkTech
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of TrunkTech
3 dated milestones of TrunkTech across 7 years, from founding to its latest funding, stage changes and deals.
- Founded TrunkTech is founded.
- Funding First funding round.
- Funding Latest funding round, Series C,.
Competitors of TrunkTech
TrunkTech has 9 listed competitors in our database, 9 of them funded. They include PlusAI, Gatik, Kodiak Robotics, TuSimple and Waabi, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| plus.ai | 2016 | San Francisco, United States | $720M | 146 | Self-driving technology for commercial trucks is developed by PlusAI. | |
| gatik.ai | 2011 | San Francisco, United States | $151.6M | – | AI-enabled platform offering self-driving delivery trucks and delivery management system | |
| kodiak.ai | 2018 | Palo Alto, United States | $165M | – | Autonomous trucks are developed for long-haul freight transport. | |
| tusimple.com | 2015 | San Diego, United States | $648M | 1,058 | Self-driving truck solutions are developed using AI technology. | |
| waabi.ai | 2021 | Toronto, Canada | $283.5M | – | Autonomous driving solutions for trucks are developed by Waabi. | |
| einride.tech | 2016 | Stockholm, Sweden | $865.3M | – | Autonomous electric trucks are manufactured for freight and emissions management. | |
| oxa.tech | 2014 | Oxford, United Kingdom | $245.54M | 316 | Online platform offering autonomy software for self-driving vehicles | |
| ike.com | 2018 | San Francisco, United States | $104M | 61 | Developer of automated trucking technology | |
| inceptio.ai | 2018 | Fremont, United States | $678M | – | Autonomous driving technology for trucks is developed and provided. |
Detailed competitors of TrunkTech
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- Full competitor set
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Web traffic of TrunkTech
The website of TrunkTech (trunk.tech) receives about 2K visits a month.
- Monthly visits2K
▼ 20.2% vs previous month
Top companies in Autonomous Vehicles
10 companies that operate in the same segment as TrunkTech (Autonomous Vehicles), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,820 | |
AI and SaaS-based self-driving solutions for autonomous vehicles are provided. | 2017 | Mountain View, California, United States | USD 692.62 M | USD 3 M | 2,619 | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
SaaS-enabled hardware and software for autonomous vehicles are developed. | 2013 | San Francisco, California, United States | USD 7.72 B | – | 3,326 | |
Autonomous driving and ADAS solutions are developed for vehicles. | 1990 | Pune, Maharashtra, India | – | USD 687.99 M | 10,470 | |
AI-enabled autonomous vehicles are developed for local goods deliveries. | 2016 | Menlo Park, California, United States | USD 2.34 B | – | 1,152 | |
Indra is recognized as a global leader in transportation, air traffic, and defense solutions. | 1992 | Madrid, Madrid, Spain | USD 279.03 M | USD 6.42 B | 60,910 | |
Self-driving vehicle solutions are developed and deployed for transportation. | 2009 | Mountain View, California, United States | USD 27.1 B | – | – | |
Developer of solid-state LiDAR sensors and perception software for autonomous vehicles | 2016 | Rosh Haayin, Central District, Israel | USD 252 M | USD 55.09 M | 415 | |
AI-enabled self-driving solutions are developed for autonomous vehicles. | 2016 | Fremont, California, United States | USD 1.19 B | USD 75.06 M | 515 |
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Related news about Trunktech
Complete news archive for TrunkTech
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Frequently Asked Questions about TrunkTech
TrunkTech was founded in 2017.
TrunkTech is headquartered in Haidian, China. It is registered at Haidian, Beijing, China.
Tianlei Zhang is the current CEO of TrunkTech.
TrunkTech was founded in 2017 in Haidian, China, within the autonomous vehicle sector. Combined hardware and software solutions are created for logistics applications in commercial vehicles. Autonomous fleet management systems and teleoperation platforms are also being developed to support operations. The focus remains on technologies tailored for freight and transportation needs in the region.
TrunkTech has 10 investors. Key investors include BAIC, Zhengzhou Investment Holding, Advantage Capital, Yuexiu Capital, and ZWC Partners.