PATEO lnc.

Automobiles, Other Vehicles & PartsSeries CShanghai, Chinapateo.com.cn

Latest round

Series C

Last raised

Jun 2022

Total raised

$211M

Investors

5

About PATEO lnc.

Established in 2009 and based in Shanghai, China, PATEO lnc. is a smart vehicle technology company that engages in the research and development of internet of vehicle systems. It has five R&D centres in Nanjing, Wuhan, and Shenzhen, and an intelligent manufacturing base in Xiamen, with more than 1,000 R&D personnel. It has also established strategic cooperation with Cerence, Baidu, and Suning. And, its service covered about 30 automobile brands.5 billion. As of 2024, the company has applied for a total of 6,692 intellectual property rights, of which invention patents account for 83%. PATEO lnc. mainly provides internet of vehicle systems, including QING Core, Qing Cluster, Qing Safety & Security, Qing OS, Qing Mobile, Qing Map, Qing iVoka, Qing AI, Qing Vehicle-data, Qing Cloud, Qing Pay, and Qing Autonomous. The QING Core is the internet of vehicle hardware platform that the shift speed of applications faster than mobile phones. And the QING Core includes multiple modules, such as entertainment systems and automatic driving. The Qing Safety & Security supports vehicle data mining, remoting controlling vehicles, call functions, and tracking lost vehicles. The company will use the strategic investment for research and development to create a new generation of automotive intelligent integrated domain control products, including next-generation smart cockpits, autonomous driving, domestic car-standard chips and advanced process modules, and display screens.

Who invested in PATEO lnc.

5 investors across 3 rounds

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Funding rounds

  1. Series C

    Jun 27, 2022

    Amount

    $149M

    Investors

    Locked

  2. Series A

    Jan 1, 2017

    Amount

    $43M

    Investors

    Locked

  3. Series A

    Nov 16, 2015

    Amount

    $19M

    Investors

    Locked

Questions about PATEO lnc.

Who invested in PATEO lnc.?

PATEO lnc. has 5 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 PATEO lnc. raised?

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

When did PATEO lnc. last raise money?

PATEO lnc.'s most recent round on record is a Series C, in Jun 2022.

What does PATEO lnc. do?

Established in 2009 and based in Shanghai, China, PATEO lnc.

Where is PATEO lnc. headquartered?

PATEO lnc. is headquartered in Shanghai, China.

Which VCs invest in companies like PATEO lnc.?

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 automobiles, other vehicles & parts companies at PATEO lnc.'s stage. Their profiles are linked below.

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