# Cicheng Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cicheng-technology

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Chongqing, China
- Total disclosed funding: $2.1M
- Latest round: Angel (Oct 8, 2024)
- Investors on record: 1

## About

Established in 2024 and based in Chongqing, China, Cicheng Technology is a magnetorheological smart suspension technology development company. The company was founded by the team of Prof. Miao Yu from the School of Optoelectronic Engineering at Chongqing University. It is also supported by governmental units such as Chongqing University, the Chongqing Municipal Economic and Information Commission, and Jiangjin District. In October 2024, it raised an angel funding for CNY 15 million.

The company’s main business is the research, development, and production of magnetorheological (MR) fluids, MR shock absorbers, intelligent suspension systems, and precision optical damping platforms. The company’s self-developed products include innovative MR suspension systems and Human Simulate Intelligent Control (HSIC) controllers. Its products are used in the field of automotive suspension systems.

Cicheng Technology generates revenue by providing magnetic resonance suspension technology and intelligent control systems to the automotive industry.

The company will use the angel funding to research and develop magnetorheological intelligent suspension technology, expand marketing and sales layout, improve intelligent suspension product quality, and expand human resources.

## Funding rounds

- Angel, Oct 8, 2024, $2.1M — Peakview Capital

## Investors

- Peakview Capital — Angel