# Hong Jing Drive

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hong-jing-drive

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Hangzhou, China
- Website: www.hongjingdrive.com
- Total disclosed funding: $31M
- Latest round: Series C (Sep 20, 2024)
- Investors on record: 21

## About

Based in Hangzhou, China and established in 2018, Hong Jing Drive is an autonomous driving solution provider that focuses on developing system solution including computing platform for autonomous driving vehicles. It has R&D centres in Beijing, Shanghai, and Hefei. Mr. Feilong Long, the founder and CEO of the company, once worked in North American Delphi and General Motors. The company promotes advanced driver assistance systems (ADAS) product in May 2021. In May 2025, Hong Jing Drive closed venture funding from new investor Quzhou Industry Group and returning investor Bojiang Capital Management Group. The company engages in the research and development of autonomous driving computing platform. It has an autonomous driving computing platform named Autonomous Driving Computing Unit (ADCU). ADCU can help customers achieve autonomous driving. The products offered by the company include Autopilot Domain Controller, APA (Auto Parking Asist)/IDDC (Intelligent Driving Domain Controller) Domain Controller and IPM Smart Camera Module. Hong Jing Drive also provides L3 heavy truck autonomous driving solutions, which include hardware and software solutions. Software solutions include driver monitoring system, navigation assistance, blind spot detection system, etc. The company generates revenue by providing software and hardware solutions for intelligent autonomous driving. The company will use the series C1 funding for mass production of intelligent driving and global market expansion.

## Funding rounds

- Series C, Sep 20, 2024 — Walden Catalyst, Aramco Ventures, Zhongtai Renhe Fund, Greenfield Jinchuang Equity Investment
- Series B, Sep 13, 2023, $14M — Aramco Ventures, Anhui Zhongan Capital Management, Classy Solid Asset Management, Hefei State-Owned Assets Holding
- Series B, May 26, 2023, $1.5M — Aramco Ventures
- Series B, Nov 28, 2022 — CITIC Goldstone Fund Management, Bojiang Capital Management Group, CCB Investment Funds Management
- Series A, Sep 2, 2021 — Walden Catalyst, Hangzhou Finance and Investment Group, Shenzhen Country Garden Venture Capital Co., Ltd.
- Series A, May 7, 2021, $16M — BlueRun Ventures, TransLink Capital, Hillhouse Investment, Delta Capital, Linear Capital, Sky 9 Capital, Delian Capital, Qingyan Capital
- Angel, Jun 28, 2018 — Walden Catalyst, Hillhouse Investment, Linear Capital, Qingyan Capital, Huaxin (Shanghai) Venture Capital Management

## Investors

- Walden Catalyst (https://capitalatlas.ai/funds/walden-catalyst) — Angel, Series A, Series C
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Angel, Series A
- Linear Capital (https://capitalatlas.ai/funds/linear-capital) — Angel, Series A
- Qingyan Capital — Angel, Series A
- Huaxin (Shanghai) Venture Capital Management (https://capitalatlas.ai/funds/huaxin-shanghai-venture-capital-management) — Angel
- BlueRun Ventures (https://capitalatlas.ai/funds/bluerun-ventures) — Series A
- TransLink Capital (https://capitalatlas.ai/funds/translink-capital) — Series A
- Delta Capital (https://capitalatlas.ai/funds/delta-capital) — Series A
- Sky 9 Capital (https://capitalatlas.ai/funds/sky-9-capital) — Series A
- Delian Capital (https://capitalatlas.ai/funds/delian-capital) — Series A
- Hangzhou Finance and Investment Group — Series A
- Shenzhen Country Garden Venture Capital Co., Ltd. — Series A
- CITIC Goldstone Fund Management (https://capitalatlas.ai/funds/citic-goldstone-fund-management) — Series B
- Bojiang Capital Management Group (https://capitalatlas.ai/funds/bojiang-capital-management-group) — Series B
- CCB Investment Funds Management (https://capitalatlas.ai/funds/ccb-investment-funds-management) — Series B
- Aramco Ventures (https://capitalatlas.ai/funds/aramco-ventures) — Series B, Series C
- Anhui Zhongan Capital Management (https://capitalatlas.ai/funds/anhui-zhongan-capital-management) — Series B
- Classy Solid Asset Management (https://capitalatlas.ai/funds/classy-solid-asset-management) — Series B
- Hefei State-Owned Assets Holding (https://capitalatlas.ai/funds/hefei-state-owned-assets-holding) — Series B
- Zhongtai Renhe Fund — Series C
- Greenfield Jinchuang Equity Investment — Series C
