# Haomo Zhixing Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/haomo-zhixing-technology-co

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Beijing, China
- Website: www.haomo.ai
- Total disclosed funding: $223M
- Latest round: Series B (Apr 23, 2024)
- Investors on record: 10

## About

Established in 2019 and based in Beijing, China, Haomo Zhixing Technology Co., Ltd. is an autonomous driving technology company that focuses on the research and development of autonomous driving systems and logistics vehicles. There are nearly 600 employees in the company. Haomo has R&D centers in Shanghai, Shenzhen and Munich. In 2021, it released NOH, a smart pilot-assisted driving system. Gu Weihao, the CEO of the company, was the general manager of Baidu Intelligent Vehicle Division. The company has partnerships with Great Wall Motor, Baidu, Qualcomm, and Infineon. As of April 2024, it has developed passenger car smart driving products carrying more than 20 vehicles. In April 2024, Haomo raised a series B2 funding for CNY 300 million.

Haomo Zhixing Technology engages in the research and development of autonomous driving systems and logistics vehicles. Its main products include NOH, a smart pilot-assisted driving system, an autonomous driving computing platform ICU 3.0, and low-speed logistics intelligent hardware products. The company also launched passenger car assisted driving products, low-speed unmanned logistics vehicle products and low-speed logistics intelligent hardware products. The intelligent pilot-assisted driving system NOH can realize automatic driving from point A to point B within the high-speed and urban expressways covered by maps. The company also has cooperation with Baidu, SF Express and other enterprises.

Haomo Zhixing Technology generates revenue by offering the smart pilot-assisted driving system, the autonomous driving computing platform ICU 3.0, and low-speed logistics intelligent hardware products.

The company's three assisted driving products, HP170, HP370 and HP570, will be mass-produced and launched in 2024. Haomo will also increase investment in research and development of autonomous driving.

## Funding rounds

- Series B, Apr 23, 2024, $41M — Jiuzhi Capital
- Series A, Apr 11, 2022, $157M — Bank of China Group Investment, Qualcomm Ventures, BOCGI Zheshang Capital, Hillhouse Investment, Jiuzhi Capital, Shougang Concord International Enterprises Company Limited, Meituan
- Series A, Dec 22, 2021, $25M — Qualcomm Ventures, JZ Capital Partners, Hillhouse Investment, Jiuzhi Capital, Shougang Concord International Enterprises Company Limited, GL Ventures, Meituan
- Angel, Feb 10, 2021 — Great Wall Motor

## Investors

- Great Wall Motor (https://capitalatlas.ai/funds/great-wall-motor) — Angel
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series A
- JZ Capital Partners — Series A
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series A
- Jiuzhi Capital (https://capitalatlas.ai/funds/jiuzhi-capital) — Series A, Series B
- Shougang Concord International Enterprises Company Limited — Series A
- GL Ventures (https://capitalatlas.ai/funds/gl-ventures) — Series A
- Meituan — Series A
- Bank of China Group Investment — Series A
- BOCGI Zheshang Capital (https://capitalatlas.ai/funds/bocgi-zheshang-capital) — Series A