Chenlu Technology

Automobiles, Other Vehicles & PartsSeries AShanghai, China

Latest round

Series A

Last raised

Oct 2023

Total raised

$14M

Investors

2

About Chenlu Technology

Based in Shanghai, China, and founded in 2023, Chenlu Technology operates as a full-stack intelligent steering service provider, specializing in chassis intelligent steering electronic control product development, production, and sales. The founder of the company, Li Chen, worked at BYD Company Limited and Huawei Technologies. In July 2024, Chenlu Technology closed a strategic investment. Based on the AUTOSAR system, Chenlu Technology provides customers with standard system solutions and customized development services. The company has developed a full line of steering system products, including brushed EPS, brushless EPS, active steering, steer-by-wire, and rear-wheel steering. The company generates revenue by developing and selling chassis intelligent steering electronic control and system integration products. The company's steer-by-wire system is expected to reach mass production in 2025.

Who invested in Chenlu Technology

2 investors across 1 round

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Funding rounds

  1. Series A

    Oct 30, 2023

    Amount

    $14M

    Investors

    Locked

Questions about Chenlu Technology

Who invested in Chenlu Technology?

Chenlu Technology has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Chenlu Technology raised?

Chenlu Technology has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Chenlu Technology last raise money?

Chenlu Technology's most recent round on record is a Series A, in Oct 2023.

What does Chenlu Technology do?

Based in Shanghai, China, and founded in 2023, Chenlu Technology operates as a full-stack intelligent steering service provider, specializing in chassis intelligent steering electronic control product development, production, and sales.

Where is Chenlu Technology headquartered?

Chenlu Technology is headquartered in Shanghai, China.

Which VCs invest in companies like Chenlu Technology?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back automobiles, other vehicles & parts companies at Chenlu Technology's stage. Their profiles are linked below.

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