About Zongmu Technology
Zongmu Technology is a Transportation, Automotive & Logistics company based in Shanghai (China) founded in 2013. ADAS and autonomous driving solutions are provided for automotive safety. Zongmu Technology has raised $382.48 million across 6 funding rounds from investors including DENSO, Qualcomm Ventures and China Cinda. Zongmu Technology was last valued at $11 billion in June 2021. Its focus areas include Connected Vehicles, Safety and Security, ADAS and Auto Tech.
Company details
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.
- Headquarters Shanghai, China
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website zongmutech.com
- Social LinkedIn
- Total Equity Funding$382.48M (USD)
in 6 rounds
- Latest Funding Round$157.05M (USD), Series E
Mar 2022
- InvestorsDENSO
& 16 more
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 $382.48M
- Total Rounds 6
- Last Round Series E — $157.05M
- First Round $6.29M
(Nov 2015)
- Investors Count 17
All 6 funding rounds of Zongmu Technology 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 |
|---|---|---|---|---|---|
| Mar 2022 | $157.05M | Series E | – | Caitong Capital | |
| Jun 2021 | $190M | Series D | $11B | Qualcomm Ventures, DENSO | – |
| Jul 2019 | $14.6M | Series C | $146M | Qualcomm Ventures | |
| Jun 2018 | Series C | – | C&D | ||
| Feb 2017 | $14.55M | Series B | – | Legend Capital | – |
| Nov 2015 | $6.29M | Series A | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2021 | $11B | •••••••• |
| Jul 2019 | $146M | •••••••• |
Last known valuation $11B (Jun 2021). 17 investors in total: 17 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| zuoyucapital.com | ||||
| sunic-capital.com | ||||
| ctzb.com | ||||
| taiyoufund.com | ||||
Venture capital investing in technology sectors such as AI and automotive. | 2000 | qualcommventures.com | San Diego, United States | |
| cowincapital.com.cn | ||||
| ltwcapital.cn | ||||
Venture Capital firm focused on multiple sectors | legendcapital.com.cn | Haidian, China | ||
Venture capital investments in early and growth-stage companies across Southeast Asia and India, focusing on technology sectors. | jungle.vc | |||
| chinacdc.com |
Investor details for Zongmu Technology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Investor portfolios
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Timeline of Zongmu Technology
5 dated milestones of Zongmu Technology across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Zongmu Technology is founded.
- Funding First funding round of $6.3M.
- Milestone Reaches Minicorn status.
- Milestone Reaches Decacorn status.
- Funding Latest funding round, Series E, of $157.1M.
Web traffic of Zongmu Technology
Websites that share an audience with Zongmu Technology (zongmutech.com).
Websites whose visitors overlap most with Zongmu Technology. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| donews.com | 100% | 406.4K | #149,397 | View details | |
news.mydrivers.com | news.mydrivers.com | 100% | #14,157 | – | |
| baidu.com | 81% | 1.9B | #17 | View details |
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Frequently Asked Questions about Zongmu Technology
Zongmu Technology was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Zongmu Technology is headquartered in Shanghai, China.
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 A of $6.29M, raised on Nov 2015.
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.
Zongmu Technology has 17 investors. Key investors include DENSO, Qualcomm Ventures, China Cinda, Zuoyu Capital, and Sunic Capital.
The valuation of Zongmu Technology is $11B as of Jun 2021.