# New Vision

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/new-vision

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Yizheng, China
- Website: www.zjautomotive.com
- Total disclosed funding: $78M
- Latest round: Series D (May 12, 2023)
- Investors on record: 17

## About

Established in 2015 and based in Yizheng, China, Jiangsu New Vision Automotive Electronics Co., Ltd., trading as New Vision, is a visual interactive technology company focusing on automotive visual solutions. In 2013, New Vision developed the vehicle-mounted windshield HUD optical path system. In 2021, the company passed the TISAX AL3 audit. The general manager, Tao Zhang, has 20 years of experience in automotive smart devices and worked in SAIC Volkswagen, Baosteel Arcelor, and Volkswagen United.  New Vision has partnerships with BYD, SAIC, GAC Group, etc. In March 2026, New Vision raised HKD 717.21 million in an IPO, selling 16.2265 million shares at HKD 44.2 per share on the Hong Kong Exchanges And Clearing Ltd under the ticker symbol "2632".
New Vision is mainly involved in the field of optics, mechanics, electronics, and software. The company's main business is research, development, production, and sales of windshield HUD (head-up display) and automotive intelligent equipment. It has a self-developed AR cyber software system and HUD products include W-HUD1.0, AR-HUD, and transparent a-pillar head-up display. It also provides head-up 360° automotive vision solutions for customers. 
New Vision generates revenue by providing HUD products and smart cockpit solutions to automakers.

## Funding rounds

- Series D, May 12, 2023, $29M — Xin Ding Capital, Huatai Zijin Investment, Bridge Capital, iFLYTEK, Changjiang Capital, LongDing Capital
- Series C, Aug 27, 2021, $26M — Shunwei Capital, Xin Ding Capital, Befor Capital, Cogent Capital
- Series C, Feb 25, 2021, $23M — Xin Ding Capital, Befor Capital, Yintai Huaying Investment, Cogent Capital, Capitallink
- Series B, Feb 7, 2019 — GP Capital, Ying Capital, Haitong New Energy Private Equity Management
- Series A, May 1, 2018 — BAIC Capital, Beidouxingtong
- Angel, Nov 19, 2017 — SAIC Capital

## Investors

- SAIC Capital (https://capitalatlas.ai/funds/saic-capital) — Angel
- BAIC Capital (https://capitalatlas.ai/funds/baic-capital) — Series A
- Beidouxingtong — Series A
- GP Capital (https://capitalatlas.ai/funds/gp-capital) — Series B
- Ying Capital (https://capitalatlas.ai/funds/ying-capital) — Series B
- Haitong New Energy Private Equity Management (https://capitalatlas.ai/funds/haitong-new-energy-private-equity-management) — Series B
- Xin Ding Capital (https://capitalatlas.ai/funds/xin-ding-capital) — Series C, Series D
- Befor Capital (https://capitalatlas.ai/funds/befor-capital) — Series C
- Yintai Huaying Investment — Series C
- Cogent Capital (https://capitalatlas.ai/funds/cogent-capital) — Series C
- Capitallink — Series C
- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series C
- Huatai Zijin Investment (https://capitalatlas.ai/funds/huatai-zijin-investment) — Series D
- Bridge Capital (https://capitalatlas.ai/funds/bridge-capital) — Series D
- iFLYTEK — Series D
- Changjiang Capital (https://capitalatlas.ai/funds/changjiang-capital) — Series D
- LongDing Capital — Series D