# Kongxiang Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kongxiang-technologies

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Shanghai, China
- Website: www.phit.com.cn
- Latest round: Series A (Mar 5, 2025)
- Investors on record: 5

## About

Founded in 2018 and based in Shanghai, China, Kongxiang Technologies focuses on advanced automotive technology. The company has completed 4 deals, with the most recent deal on March 5, 2025. The founder's prior ventures are not publicly documented. Kongxiang Technologies specializes in advanced automotive technology, focusing on the development of innovative solutions for the automotive industry. The company’s core offerings include vehicle automation systems and smart driving solutions that enhance safety, efficiency, and user experience. These products address challenges such as traffic management, accident prevention, and improved fuel consumption, catering to both manufacturers and end-users across East Asia and Europe. The revenue model of Kongxiang Technologies primarily revolves around business-to-business transactions, partnering with automotive manufacturers to supply innovative technology solutions. Revenue is generated through direct sales agreements for integrated systems and may include tiered pricing based on technology complexity, supplemented by long-term service contracts for maintenance and updates. The company will use the series A funding for mass production investment in passenger car projects, introduction of new projects and team building.

## Funding rounds

- Series A, Mar 5, 2025 — Forising Financial, Zhongjie (Jiangsu) Technology Co.,Ltd., Wings Investment, Cohesion Venture, Kaier New Materials

## Investors

- Forising Financial (https://capitalatlas.ai/funds/forising-financial) — Series A
- Zhongjie (Jiangsu) Technology Co.,Ltd. — Series A
- Wings Investment (https://capitalatlas.ai/funds/wings-investment) — Series A
- Cohesion Venture (https://capitalatlas.ai/funds/cohesion-venture) — Series A
- Kaier New Materials — Series A