# BIBO

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bibo-2

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Hangzhou, China
- Website: www.bebest-sh.com
- Total disclosed funding: $201M
- Latest round: Series B (Apr 29, 2026)
- Investors on record: 15

## About

Based in Hangzhou, China and founded in 2021, Bebest (Hangzhou) Automotive Electronics Co., Ltd., dba BIBO, is an automobile components company that provides chassis products. The company was incubated by the State Key Laboratory of Automotive Safety and Energy Conservation of Tsinghua University. the company has established R&D centers in Beijing and Shanghai, and a production base in Nantong, China. BIBO's founder, Xiaohui Liu, graduated from Tsinghua University's School of Vehicle and Transportation.

In April 2026, BIBO raised over CNY 700 million in series B+ funding led by Guoshun Investment, with participation from Shunchuang Industrial Investment, and other investors.

BIBO offers core components and system solutions for intelligent chassis. The company's main products mainly fall into three categories: ESC (Electronic Stability Control) vehicle stability control system, integrated brake-by-wire system, and intelligent suspension air supply system, covering intelligent chassis field. The products are used for automatic driving vehicles and unmanned vehicles.

The company generates revenue by providing automobile parts like intelligence brakes, intelligence steerages, wire control chassis, and chassis domain controllers.

The company will use the series B+ funding to scale up existing products and develop cutting-edge products.

## Funding rounds

- Series B, Apr 29, 2026, $103M — Guoshun Investment, Shunchuang Industrial Investment
- Series B, Jan 9, 2025, $41M — Shanghai Baolong Automotive Corporation, Puhua Capital, Hang Lung Properties, Orient Jiafu Asset Management
- Series A, Jan 22, 2024, $28M — Meridian Capital, HSG, Shanghai Sci-Tech Innovation Center Capital, Shanghai Baolong Automotive Corporation, Orinno Capital, Fengfan Venture Capital
- Series A, Apr 10, 2023, $29M — Addor Capital, NIO Capital, Orient Jiafu Asset Management, CWB Automotive
- Angel, Jul 23, 2021 — Atom Ventures

## Investors

- Atom Ventures (https://capitalatlas.ai/funds/atom-ventures) — Angel
- Addor Capital (https://capitalatlas.ai/funds/addor-capital) — Series A
- NIO Capital (https://capitalatlas.ai/funds/nio-capital) — Series A
- Orient Jiafu Asset Management (https://capitalatlas.ai/funds/orient-jiafu-asset-management) — Series A, Series B
- CWB Automotive — Series A
- Meridian Capital — Series A
- HSG (https://capitalatlas.ai/funds/hsg) — Series A
- Shanghai Sci-Tech Innovation Center Capital (https://capitalatlas.ai/funds/shanghai-sci-tech-innovation-center-capital) — Series A
- Shanghai Baolong Automotive Corporation — Series A, Series B
- Orinno Capital (https://capitalatlas.ai/funds/orinno-capital) — Series A
- Fengfan Venture Capital — Series A
- Puhua Capital (https://capitalatlas.ai/funds/puhua-capital) — Series B
- Hang Lung Properties — Series B
- Guoshun Investment (https://capitalatlas.ai/funds/guoshun-investment) — Series B
- Shunchuang Industrial Investment (https://capitalatlas.ai/funds/shunchuang-industrial-investment) — Series B