Zongmu Technology

Shanghai, China Founded: 2013 • Age: 13 yrs
ADAS and autonomous driving solutions are provided for automotive safety.
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About Zongmu Technology

Zongmu Technology is a company based in Shanghai (China) founded in 2013.. Zongmu Technology has raised $382.48 million across 6 funding rounds from investors including DENSO, Qualcomm Ventures and China Cinda. Zongmu Technology operates in a competitive market with competitors including Pearl Auto, Aptiv, Light, Eatron and ESCORT, among others.

  • Headquarter Shanghai, China
  • Stage Decacorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $382.48 M (USD)

    in 6 rounds

  • Latest Funding Round
    $157.05 M (USD), Series E

    Mar 28, 2022

  • Investors
    DENSO

    & 16 more

  • Employee Count
    Employee Count
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Funding Insights of Zongmu Technology

Zongmu Technology has successfully raised a total of $382.48M across 6 strategic funding rounds. The most recent funding activity was a Series E round of $157.05 million completed in March 2022. 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 Rounds 6
  • Last Round Series E — $157.1M
  • First Round

    (05 Nov 2015)

  • Investors Count 17
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2022 Amount Series E - Zongmu Technology Valuation Caitong Capital
Jun, 2021 Amount Series D - Zongmu Technology Valuation Qualcomm Ventures , DENSO
Jul, 2019 Amount Series C - Zongmu Technology Valuation Qualcomm Ventures
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 Zongmu Technology

Zongmu Technology has secured backing from 17 investors, including institutional and venture fund investors. Prominent investors backing the company include DENSO, Qualcomm Ventures and China Cinda. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Founded Year Domain Location
-
Founded Year Domain Location
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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 Zongmu Technology

Investments
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 - Zongmu Technology

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Zongmu Technology Comparisons

Employees
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Competitors of Zongmu Technology

Zongmu 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 Pearl Auto, Aptiv, Light, Eatron and ESCORT, 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
Advanced automotive backup cameras and parking sensors are developed.
domain founded_year HQ Location
SaaS-based self-driving solutions for autonomous vehicles
domain founded_year HQ Location
Developer of a tech-enabled platform offering camera-enabled perception solution for autonomous vehicles
domain founded_year HQ Location
AI-enabled battery management and motion control systems are developed.
domain founded_year HQ Location
Driver alert systems are offered via hardware and software solutions.
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.

Frequently Asked Questions about Zongmu Technology

When was Zongmu Technology founded?

Zongmu Technology was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Where is Zongmu Technology located?

Zongmu Technology is headquartered in Shanghai, China.

Is Zongmu Technology a funded company?

Zongmu Technology is a funded company, having raised a total of $382.48M across 6 funding rounds to date. The company's 1st funding round was a Series C of $14.6M, raised on Nov 05, 2015.

What does Zongmu Technology do?

Zongmu Technology was founded in 2013 and is based in Shanghai, China. Operations focus on the automotive sector, where software and hardware solutions for advanced driver-assistance systems (ADAS) and autonomous driving are developed. Core offerings include autonomous valet parking, driving assistance, and precision tools, supported by technologies such as computer vision and cloud computing. These solutions address safety and infotainment needs in vehicles.

Who are the top competitors of Zongmu Technology?

Zongmu Technology's top competitors include Eatron, EasyRain and Pearl Auto.

Who are Zongmu Technology's investors?

Zongmu Technology has 17 investors. Key investors include DENSO, Qualcomm Ventures, China Cinda, Zuoyu Capital, and Sunic Capital.

What is Zongmu Technology's valuation?

The valuation of Zongmu Technology is $11B as of Jun 2021.

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