Latest round

Series A

Last raised

Oct 2022

Total raised

$14M

Investors

12

About Novauto

Based in Beijing, China, and established in 2019, Novauto is a technology company that provides auto drive systems for car users based on artificially intelligent technology. It has obtained over 140 patents. In April 2024, the company acquired ISO26262 functional safety management system certification. The CEO of the company, Shuang Liang is a PhD jointly trained by Tsinghua University and Imperial College and has worked in Baidu, Inc., Ltd. The CTO of the company, Zhongmin Chen graduated from Tsinghua University. The company has partnerships with BAIC, G-Pulse, Chery, and other companies. The company mainly developed AI computing chips Jingzhe R1 and development kits, which based on two generations of AI inference engines, Pinghu and Gaoxia. The development kits include intelligent computing development kit NE100 and edge computing module NM10. Novauto also provides AI deployment development tool chain Luban, which provides pruning tools, quantization tools, compilers and other software development tools. Products can be applied to edge computing scenarios such as smart transportation, smart grids, and unmanned systems. The company generates revenue by providing edge-side artificial intelligence chips and intelligent driving computing platform solutions.

Who invested in Novauto

12 investors across 3 rounds

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Funding rounds

  1. Series A

    Oct 9, 2022

    Amount

    $14M

    Investors

    Locked

  2. Series A

    May 14, 2020

    Amount

    Undisclosed

    Investors

    Locked

  3. Angel

    Jun 1, 2019

    Amount

    Undisclosed

    Investors

    Locked

Questions about Novauto

Who invested in Novauto?

Novauto has 12 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Novauto raised?

Novauto has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Novauto last raise money?

Novauto's most recent round on record is a Series A, in Oct 2022.

What does Novauto do?

Based in Beijing, China, and established in 2019, Novauto is a technology company that provides auto drive systems for car users based on artificially intelligent technology.

Where is Novauto headquartered?

Novauto is headquartered in Beijing, China.

Which VCs invest in companies like Novauto?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back electronics companies at Novauto's stage. Their profiles are linked below.

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