# Asensing

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/asensing

- Industry: Electronics
- Headquarters: Guangzhou, China
- Website: www.asensing.com
- Latest round: Series D (Aug 9, 2023)
- Investors on record: 18

## About

Established in 2016 and based in Guangzhou, China, Asensing is a navigation technology company that focuses on the research and development of high-precision positioning technology. The company has a branch office in Beijing and subsidiaries in Jiangsu, Shanghai and Shenzhen. The company was named KPMG 2020 China's Top 50 Automotive Technology and 2021 Deloitte China's Top 50 High Growth High Tech. Asensing passed IATF16949 certification in 2018. The company released its first Functional Safety Portfolio Positioning System product in 2020 and set up and launched its Smart Base in 2023. In May 2025, Asensing raised a round of venture funding from new investor Hefei State-Owned Assets Holding and returning investor MPC.  In July 2025, Asensing raised a venture funding from new investor Kaitou Industrial Investment Fund. The company provides high-precision fusion positioning solution based on self-developed MEMS integrated navigation technology for automobile manufacturers. Its solution can be used in autopilot. The main products of the company are high-precision combined positioning system and high-precision map positioning system. The high-precision map positioning system fuses combined positioning technology and high-precision map data with ADAS camera lane models, and provides a lightly upgraded lane level positioning solution for L2+ autonomous driving by fusing a high-precision Kalman filter and map engine. Its self-developed products such as high-precision combined positioning system P-Box, inertial measurement unit IMU, GNSS module, high-dynamic angle measurement sensor IMS5561. The company generates revenue primarily through the sales of its automobile parts to manufacturers. The company will accelerate technological innovation, product upgrades and global market expansion, and contribute to the construction of the "12136" modern industrial system in Guangzhou Development Zone.

## Funding rounds

- Series D, Aug 9, 2023 — Yuexiu Industrial Investment Funds Management, CS Capital, Xinding Guorui Capital, China Development Bank Capital, Changjiang Capital, Suikai Equity Investment
- Series C, Oct 9, 2021 — Hong Shan, Yuexiu Industrial Investment Funds Management, China Merchants Capital, MPC, Vinno Capital, GL Ventures
- Series B, Sep 8, 2020 — Green Pine Capital Partners, Yuexiu Industrial Investment Funds Management, China Merchants Capital, Beichen Capital, Guangzhou Xinxing Fund, Suikai Equity Investment
- Series A, Mar 19, 2019 — Tsing-Yuan Capital, Timesbole Venture Capital, Vinno Capital
- Angel, Apr 4, 2017 — Pengde Capital, Grit Ventures

## Investors

- Pengde Capital (https://capitalatlas.ai/funds/pengde-capital) — Angel
- Grit Ventures — Angel
- Tsing-Yuan Capital (https://capitalatlas.ai/funds/tsing-yuan-capital) — Series A
- Timesbole Venture Capital (https://capitalatlas.ai/funds/timesbole-venture-capital) — Series A
- Vinno Capital (https://capitalatlas.ai/funds/vinno-capital) — Series A, Series C
- Green Pine Capital Partners (https://capitalatlas.ai/funds/green-pine-capital-partners) — Series B
- Yuexiu Industrial Investment Funds Management (https://capitalatlas.ai/funds/yuexiu-industrial-investment-funds-management) — Series B, Series C, Series D
- China Merchants Capital (https://capitalatlas.ai/funds/china-merchants-capital) — Series B, Series C
- Beichen Capital (https://capitalatlas.ai/funds/beichen-capital) — Series B
- Guangzhou Xinxing Fund (https://capitalatlas.ai/funds/guangzhou-xinxing-fund) — Series B
- Suikai Equity Investment (https://capitalatlas.ai/funds/suikai-equity-investment) — Series B, Series D
- Hong Shan — Series C
- MPC — Series C
- GL Ventures (https://capitalatlas.ai/funds/gl-ventures) — Series C
- CS Capital — Series D
- Xinding Guorui Capital (https://capitalatlas.ai/funds/xinding-guorui-capital) — Series D
- China Development Bank Capital — Series D
- Changjiang Capital (https://capitalatlas.ai/funds/changjiang-capital) — Series D