# Farizon Auto

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/farizon-auto

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Hangzhou, China
- Website: www.geelycv.com
- Total disclosed funding: $600M
- Latest round: Series A (Jul 20, 2023)
- Investors on record: 6

## About

Founded in 2016 and based in Hangzhou, China, Farizon Auto is a new energy commercial vehicle company that provides small trucks, mini trucks, LCVs and buses. The company belongs to Geely Holding Group. In 2019, it launched the hydrogen fuel cell bus F12. In 2021, the firm acquired Tang Jun Obell Company. In July 2023, Farizon Auto raised USD 600 million in series A funding co-led by new investors Boyu Capital and Yuexiu Industrial Investment Funds Management. Other returning investors Hidden Hill Capital, Xiangtan Industrial Investment, and new investors Sichuan Linjiang Industry Group, United Clean Energy also participated in the round.

The company's main products include mini trucks, light vehicles, buses, medium and heavy trucks and micro buses, etc. The mini trucks include models such as the F1E, V5E and F3E.

## Funding rounds

- Series A, Jul 20, 2023, $600M — Boyu Capital, Yuexiu Industrial Investment Funds Management, GLP Capital Partners, Xiangtan Chanxing Capital, United Clean Energy, Sichuan Linjiang Industry Group

## Investors

- Boyu Capital (https://capitalatlas.ai/funds/boyu-capital) — Series A
- Yuexiu Industrial Investment Funds Management (https://capitalatlas.ai/funds/yuexiu-industrial-investment-funds-management) — Series A
- GLP Capital Partners (https://capitalatlas.ai/funds/glp-capital-partners) — Series A
- Xiangtan Chanxing Capital (https://capitalatlas.ai/funds/xiangtan-chanxing-capital) — Series A
- United Clean Energy — Series A
- Sichuan Linjiang Industry Group — Series A