# Guangzhou WeRide Technologies Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/guangzhou-weride-technologies-co

- Industry: Software
- Headquarters: Guangzhou, China
- Website: www.weride.ai
- Latest round: Series C (Jun 24, 2021)
- Investors on record: 17

## About

Guangzhou WeRide Technologies Co., Ltd. specializes in autonomous driving solutions, focusing on urban mobility transformations with innovative products like Robotaxi and Robo Bus.Founded in 2017 and headquartered in Guangzhou, China, Guangzhou WeRide Technologies Co., Ltd. develops advanced autonomous driving technologies. The company has secured a total of USD 320.50 mn across multiple funding rounds, with the latest funding being a PIPE round amounting to USD 320.50 mn. Their most recent deal occurred on October 24, 2024, with several notable investors, including Alliance Ventures and Qiming Venture Partners. The CEO, Tony Han, leads the company, which has completed 14 deals to date.WeRide offers a comprehensive portfolio of autonomous driving solutions aimed at transforming urban mobility. Their core products include the Robotaxi and Robo Bus, designed for safe and efficient transportation in urban environments. They also feature WePilot 3.0, an advanced driver assistance system, and specialized vehicles like RoboSweeper S1 and RoboVan W5. These products are supported by WeRide One, a robust autonomous driving platform that optimizes operations through real-time data. WeRide operates in over 30 cities across 11 countries, addressing the needs of urban commuters, municipalities, and businesses.In 2024, WeRide reported a revenue of USD 79.07 mn, with an EBITDA of USD -456.32 mn, reflecting the company's ongoing investment in technology and growth.Looking ahead, WeRide is focused on launching new products designed to enhance their autonomous driving capabilities. The company's recent IPO on October 24, 2024, raised USD 120 mn, selling shares at USD 15.5 each on the Nasdaq Global Select Market under the ticker symbol "WRD." The raised funds will be allocated to support product development and geographic expansion, targeting new markets to broaden their operational footprint.

## Funding rounds

- Series C, Jun 24, 2021 — CCT Fund Management, Alliance Ventures, ProCapital
- Series C, May 13, 2021 — Qiming Venture Partners, IDG Capital, CMC Capital Partners, Sky 9 Capital, Co-Stone Capital, Chenghe Ventures, Cypress Capital, K3 Ventures
- Series A, Jan 4, 2019 — SenseTime Group Limited, ABC International Capital
- Series A, Oct 31, 2018 — Idinvest Partners, Qiming Venture Partners, Johnson Electric Holdings Limited, Hanfor Capital, OceanIQ Capital, Alliance Ventures

## Investors

- Idinvest Partners (https://capitalatlas.ai/funds/idinvest-partners) — Series A
- Qiming Venture Partners (https://capitalatlas.ai/funds/qiming-venture-partners) — Series A, Series C
- Johnson Electric Holdings Limited — Series A
- Hanfor Capital (https://capitalatlas.ai/funds/hanfor-capital) — Series A
- OceanIQ Capital (https://capitalatlas.ai/funds/oceaniq-capital) — Series A
- Alliance Ventures — Series A, Series C
- SenseTime Group Limited — Series A
- ABC International Capital (https://capitalatlas.ai/funds/abc-international-capital) — Series A
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series C
- CMC Capital Partners (https://capitalatlas.ai/funds/cmc-capital-partners) — Series C
- Sky 9 Capital (https://capitalatlas.ai/funds/sky-9-capital) — Series C
- Co-Stone Capital — Series C
- Chenghe Ventures — Series C
- Cypress Capital — Series C
- K3 Ventures (https://capitalatlas.ai/funds/k3-ventures) — Series C
- CCT Fund Management — Series C
- ProCapital (https://capitalatlas.ai/funds/procapital) — Series C