# Nasn Automotive Electronics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nasn-automotive-electronics

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Shanghai, China
- Website: www.nasn-auto.com
- Total disclosed funding: $221M
- Latest round: Series D (Dec 31, 2024)
- Investors on record: 12

## About

Established in 2016, and based in Shanghai, China, Nasn Automotive Electronics operates as an automobile manufacturing company that focuses on the development of automotive wire-controlled chassis. The company cooperated with GAC, Geely, BYD, BAIC, and other enterprises.It was recognized as the National High-tech Enterprise. The company has an industrialization base in Hangzhou. It has more than 100 invention patents. In 2018, the company's intelligent brake-by-wire system was put into production. In December 2024, Nasn Automotive Electronics raised a series D funding for CNY 500 million.

The company's main business is the research and development of core technologies for automotive wire-controlled chassis. Its Nbooster intelligent braking system supports low-drag callipers, satisfies the requirements of L3/L4 automatic driving and can realize the redundancy of travel brake and parking brake. Its electronic stability control system has the functions of ABS anti-lock, TCS traction control and VDC vehicle dynamics control. Its EPS Intelligent Steering System has the functions of yaw compensation and over temperature protection.

The company generates revenue by providing automotive wire-controlled chassis.

The company will use the series D funding to build new production lines, develop next-generation wire-controlled chassis products, expand the market, and enhance customer service capabilities.

## Funding rounds

- Series D, Dec 31, 2024, $69M — CS Capital, Guotou Juli Investment Management, Cloudview Capital
- Series C, Dec 22, 2021, $79M — BOCGI Zheshang Capital, China Merchants Capital, Contemporary Amperex Technology Co., Limited, GL Ventures
- Series B, Jan 30, 2019, $59M — Qiming Venture Partners, GP Capital, Maison Capital, MPC, Shang Finance
- Series A, Oct 19, 2018, $14M — Qiming Venture Partners, GP Capital

## Investors

- Qiming Venture Partners (https://capitalatlas.ai/funds/qiming-venture-partners) — Series A, Series B
- GP Capital (https://capitalatlas.ai/funds/gp-capital) — Series A, Series B
- Maison Capital (https://capitalatlas.ai/funds/maison-capital) — Series B
- MPC — Series B
- Shang Finance (https://capitalatlas.ai/funds/shang-finance) — Series B
- BOCGI Zheshang Capital (https://capitalatlas.ai/funds/bocgi-zheshang-capital) — Series C
- China Merchants Capital (https://capitalatlas.ai/funds/china-merchants-capital) — Series C
- Contemporary Amperex Technology Co., Limited — Series C
- GL Ventures (https://capitalatlas.ai/funds/gl-ventures) — Series C
- CS Capital — Series D
- Guotou Juli Investment Management (https://capitalatlas.ai/funds/guotou-juli-investment-management) — Series D
- Cloudview Capital (https://capitalatlas.ai/funds/cloudview-capital) — Series D