# ROX Motor

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rox-motor

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Shanghai, China
- Website: www.roxmotor.com
- Total disclosed funding: $300M
- Latest round: Series D (Apr 29, 2022)
- Investors on record: 6

## About

Established in 2021 and based in Shanghai, China, ROX Motor previously known as Shanghai Luoke Intelligent Technology Co., Ltd., is an automobile company that provides intelligent driving vehicles and related services. And its supply chain partners include BOSCH, Valeo, Autoliv, CATL, and UAES. Jing Chang, the company's founder worked as a senior product manager at Tencent in 2011 and was the founder of Beijing PhotoWonder Technology and Roborock. Feng Yan, the company's CEO, served as CTO of Weima Automotive Technology Group. In September 2023, ROX Motor raised USD 1 billion in strategic investment funding from new investor Weiqiao Pioneering.

The company has developed the OXMatrix system, which consists of ROX intelligent chassis and ROX intelligent cockpits. The system can provide solutions based on the vehicle's condition, and provide relevant suggestions to the intelligent chassis and intelligent cockpit. Its first model has entered the testing phase.

It also plans to open 17 experience exhibition halls, 11 delivery centers, and 11 service centers in 17 cities across the country and authorize 62 sheet metal spray service centers in 55 cities by the end of 2023.

## Funding rounds

- Series D, Apr 29, 2022, $200M — Hong Shan, IDG Capital, Coatue Management
- Series A, Jan 24, 2022, $100M — Hong Shan, Tencent Investment
- Angel, Apr 9, 2021 — NLVC, Gaorong Ventures

## Investors

- NLVC (https://capitalatlas.ai/funds/nlvc) — Angel
- Gaorong Ventures (https://capitalatlas.ai/funds/gaorong-ventures) — Angel
- Hong Shan — Series A, Series D
- Tencent Investment — Series A
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series D
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series D