# Kormee

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kormee

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Guangzhou, China
- Website: www.kormee.com
- Total disclosed funding: $3.3M
- Latest round: Series B (Jan 20, 2005)
- Investors on record: 3

## About

Founded in 2001 and headquartered in Guangzhou, China, Guangzhou Ruili Kormee Automotive Electronic Co., Ltd., trading as Kormee, began as a developer of anti-lock braking systems for trucks and buses. Over time, the company expanded its product portfolio to include a full range of commercial vehicle electronic control systems. In September 2025, Kormee completed an IPO on the Shenzhen Stock Exchange, raising CNY 1.9 billion.

The company specializes in the research, development, production, sales, and service of electronic control systems for commercial vehicles. Its core offerings include Anti-lock Braking Systems (ABS), Electric Braking Systems (EBS), Electronic Parking Brakes (EPB), Electronic Stability Control Systems (ESC), Advanced Emergency Braking Systems (AEBS), and Tire Pressure Monitoring Systems (TPMS). These systems are integrated into trucks, buses, and trailers to improve vehicle safety, regulatory compliance, and operational efficiency.

The company generates revenue primarily through B2B transactions with automotive manufacturers. Income is derived from the sale of braking and control systems under the “Kemi Braking” brand, as well as service agreements for system maintenance and upgrades.

Kormee plans to invest in new R&D facilities, strengthen its product innovation pipeline, and expand production capacity to serve both domestic and overseas commercial

## Funding rounds

- Series B, Jan 20, 2005, $2.5M — Fortune Capital, Guangzhou Financial Innovation Investment Holdings, Shenzhen Capital Real Estate Fund
- Series A, Oct 18, 2003, $0.8M — Guangzhou Financial Innovation Investment Holdings

## Investors

- Guangzhou Financial Innovation Investment Holdings (https://capitalatlas.ai/funds/guangzhou-financial-innovation-investment-holdings) — Series A, Series B
- Fortune Capital — Series B
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series B