# KH Automotive Technologies Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kh-automotive-technologies-co

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Huzhou, China
- Website: www.khat.com.cn
- Total disclosed funding: $205M
- Latest round: Series D (Sep 15, 2025)
- Investors on record: 16

## About

Established in 2018 and based in Huzhou, China, KH Automotive Technologies Co., Ltd. is a automotive parts supplier that provides system-level solutions, software and hardware for automobile ECS controllers, air spring assembly and air pump assembly. The company was founded by Professor Guo Konghui and Mr. Guo Chuan, both academicians of the Chinese Academy of Engineering. It has manufacturing bases in Chongqing, Guangzhou and Wuhan and has 15 invention patents, 4 appearance patents and 9 utility models. The company has many awards such as National High-tech Enterprise and Zhejiang Provincial R&D Center. In June 2021, the company launched the first batch of electronically controlled air suspension systems. In September 2025, KH Automotive Technologies Co., Ltd. raised CNY 200 million in Series D funding from new investors Beijing Guorui Investment, Guangdong Technology Financial Group with participation from other undisclosed investors.

The company provides electronically controlled suspension products, including passenger car electronically controlled suspension system assemblies, electronically controlled oil-gas suspension systems, solenoid valves and other products. They mainly include electronically controlled suspension controllers, front and rear air springs with electronically controlled shock absorber assemblies, air pressure distribution valves and other components. Besides, the company provides road testing, performance simulation analysis and optimization and chassis tuning services for customers. The company's customers include Lantu, Lixiang, Xpeng and extreme krypton and other new energy vehicle companies.

The company generates revenue by providing advanced automotive suspension systems and components to the automotive industry, including air springs, electronic control units, and other suspension-related products.

## Funding rounds

- Series D, Sep 15, 2025, $28M — Guangdong Technology Financial Group, Beijing Guorui Investment
- Series D, Sep 30, 2024, $64M — GAC Capital, Bank Of China Financial Assets Investment
- Series C, Sep 22, 2023, $41M — CGN Private Equity Fund Management, Harvest Fund Management, CMB International Asset Management, CS Capital, CD Capital, Suikai Equity Investment
- Series B, Nov 14, 2022, $72M — Yonghua Capital, China Venture Capital, Source Code Capital, Shenzhen Capital Real Estate Fund, Shanshan Venture Capital, CRRC Guochuang Capital Management

## Investors

- Yonghua Capital (https://capitalatlas.ai/funds/yonghua-capital) — Series B
- China Venture Capital (https://capitalatlas.ai/funds/china-venture-capital) — Series B
- Source Code Capital (https://capitalatlas.ai/funds/source-code-capital) — Series B
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series B
- Shanshan Venture Capital (https://capitalatlas.ai/funds/shanshan-venture-capital) — Series B
- CRRC Guochuang Capital Management (https://capitalatlas.ai/funds/crrc-guochuang-capital-management) — Series B
- CGN Private Equity Fund Management — Series C
- Harvest Fund Management — Series C
- CMB International Asset Management (https://capitalatlas.ai/funds/cmb-international-asset-management) — Series C
- CS Capital — Series C
- CD Capital — Series C
- Suikai Equity Investment (https://capitalatlas.ai/funds/suikai-equity-investment) — Series C
- GAC Capital (https://capitalatlas.ai/funds/gac-capital) — Series D
- Bank Of China Financial Assets Investment — Series D
- Guangdong Technology Financial Group (https://capitalatlas.ai/funds/guangdong-technology-financial-group) — Series D
- Beijing Guorui Investment — Series D