About Zhenqu Technology
Zhenqu Technology is a company based in Pudong (China) founded in 2017 by Jie Shen and Marius Mechlinski.. Zhenqu Technology has raised $235.99 million across 7 funding rounds from investors including Volvo Cars, Lenovo and Legend Capital. Zhenqu Technology operates in a competitive market with competitors including Shanghai Dajun Power Control Technology, zinsight Technology, Guangzhou Daxiang Technology Development, eSystems and Ergon Labs, among others.
- Headquarter Pudong, China
- Founders Jie Shen, Marius Mechlinski
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Leadrive Technology Germany Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$235.99 M (USD)
in 7 rounds
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Latest Funding Round
$84.11 M (USD), Series E
Sep 08, 2025
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Investors
Volvo Cars
& 18 more
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Employee Count
Employee Count
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Funding Insights of Zhenqu Technology
Zhenqu Technology has successfully raised a total of $235.99M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $84.11 million completed in September 2025. 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 7
- Last Round Series E — $84.1M
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First Round
First Round
(17 Aug 2020)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series E - Zhenqu Technology | Valuation | SDIC Innovation , China Merchants Capital | |
| Feb, 2025 | Amount | Series E - Zhenqu Technology | Valuation | SDIC Venture Capital Management | |
| Oct, 2023 | Amount | Series D - Zhenqu Technology | Valuation | Legend Capital , Orizafofs |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Zhenqu Technology
Zhenqu Technology has secured backing from 19 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Volvo Cars, Lenovo and Legend Capital. 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 |
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Venture Capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Private equity and hedge fund focused on multiple strategies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Zhenqu Technology
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Zhenqu Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zhenqu Technology Comparisons
Competitors of Zhenqu Technology
Zhenqu Technology 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 Shanghai Dajun Power Control Technology, zinsight Technology, Guangzhou Daxiang Technology Development, eSystems and Ergon Labs, 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 |
Electric motors and controllers for EVs are manufactured.
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| domain | founded_year | HQ Location |
Electric drive systems and silicon carbide semiconductors are manufactured.
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| domain | founded_year | HQ Location |
Develops innovative motor kits for various electric vehicles.
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| domain | founded_year | HQ Location |
Networked solutions for intelligent energy management in e-mobility are provided.
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| domain | founded_year | HQ Location |
Provider of charging solution for EVs
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Zhenqu Technology
Frequently Asked Questions about Zhenqu Technology
When was Zhenqu Technology founded?
Zhenqu Technology was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Zhenqu Technology located?
Zhenqu Technology is headquartered in Pudong, China. It is registered at Pudong, Shanghai, China.
Is Zhenqu Technology a funded company?
Zhenqu Technology is a funded company, having raised a total of $235.99M across 7 funding rounds to date. The company's 1st funding round was a Series D of $83.35M, raised on Aug 17, 2020.
What does Zhenqu Technology do?
Manufacturer of automotive-certified power modules and electric vehicle solutions. The companys products cover power modules, motor controllers, and electric vehicle solutions.
Who are the top competitors of Zhenqu Technology?
Zhenqu Technology's top competitors include Shanghai Dajun Power Control Technology, Ergon Labs and zinsight Technology.
Who are Zhenqu Technology's investors?
Zhenqu Technology has 19 investors. Key investors include Volvo Cars, Lenovo, Legend Capital, Orizafofs, and C Capital.
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