# Hangzhou Feibu Science And Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hangzhou-feibu-science-and-technology-co

- Industry: Electronics
- Headquarters: Hangzhou, China
- Website: www.fabu.ai
- Total disclosed funding: $15M
- Latest round: Series B (Aug 19, 2021)
- Investors on record: 6

## About

Established in 2017 and based in Hangzhou, China, Fabu Technology Limited operates as a developer of self-driving car technology. It develops and provides advanced driver-assistance systems and AI chip for automobile. In October 2018, Fabu Technology Limited raised pre-A funding led by new investor MSA Capital, with participation from new investor Qingsong Fund. Financial terms of the deal were not disclosed. The founder Xiaofei, He was the senior vice president of Didi Travel.
The company has been aiming at scenarios such as logistics transportation and passenger transportation, providing customers with integrated vehicle-road-cloud collaborative services including car-side intelligent driving, road-side intelligent perception, cloud intelligent scheduling, etc., to provide the industry with complete automation and intelligence. Solutions for transformation and upgrading of globalization and green transformation.
The company will continue to carry out core technology research and development and business development in the future, laying a solid foundation for the subsequent staged implementation of fully automated driverless commercial operations in closed, semi-closed, and open scenarios.

## Funding rounds

- Series B, Aug 19, 2021, $15M — Cowin Capital, DYEE Capital
- Series B, May 24, 2021 — Fortune Capital, DYEE Capital, China Merchants Securities Zhiyuan Capital, Zheda Youchuang Capital
- Angel, Jun 12, 2018 — Sinovation Ventures

## Investors

- Sinovation Ventures (https://capitalatlas.ai/funds/sinovation-ventures) — Angel
- Fortune Capital — Series B
- DYEE Capital (https://capitalatlas.ai/funds/dyee-capital) — Series B
- China Merchants Securities Zhiyuan Capital (https://capitalatlas.ai/funds/china-merchants-securities-zhiyuan-capital) — Series B
- Zheda Youchuang Capital (https://capitalatlas.ai/funds/zheda-youchuang-capital) — Series B
- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series B