# Shanghai Zongmu Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-zongmu-technology-co

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Shanghai, China
- Website: www.zongmutech.com
- Total disclosed funding: $192M
- Latest round: Series E (Mar 28, 2022)
- Investors on record: 24

## About

Founded in 2013 and based in Shanghai, China, Shanghai Zongmu Technology Co., Ltd. is a high technology company that engages in the research and development of smart drive systems. The company's founder and CEO, Tang Rui, has a master's degree in electronic engineering from Tsinghua University. He used to be the senior research and development director of Cambridge Silicon Radio.

The company's smart drive systems include autonomous valet parking system, automatic parking assistant system, advanced driving assistance system, learning mApping & service and end-user assured cloud system. It uses low-speed L4 autonomous driving technology to realize autonomous valet parking in limited areas such as parks, parking lots, etc. Besides, the company also provides high-definition cameras, millimeter wave radar, and wireless charging products.

## Funding rounds

- Series E, Mar 28, 2022, $157M — Taiyou Fund, China Fellow Partners, Zeal Capital, Zhejiang Huzhou Huantaihu Group, Cantor Jungle, Sunic Capital, Guanding Equity Investment
- Series D, Jun 3, 2021 — Legend Capital, Shanghai STVC Group, Qualcomm Ventures, Fosun Capital, China Industrial Bank, Jadex Capital, Keboda, Xiaomi Ventures, Anhe Equity Investment
- Series D, Apr 2, 2021 — Cowin Capital, LTW Capital
- Series D, May 1, 2020 — Denso, Chongqing Liangjiang New Area Development and Investment Group, Zhejiang Huzhou Huantaihu Group, Jadex Capital
- Series C, Jul 2, 2019, $15M — Legend Capital, Qualcomm Ventures, Chuangtu Investment
- Series C, Jul 1, 2019 — Legend Capital, Qualcomm Ventures, Cantor Jungle
- Series C, Jun 26, 2018 — Legend Capital, Xiamen C&D Group, DYEE Capital
- Series B, Feb 24, 2017, $15M — Legend Capital, DYEE Capital
- Series A, Nov 4, 2015, $6.3M — SYN Capital

## Investors

- SYN Capital — Series A
- Legend Capital — Series B, Series C, Series D
- DYEE Capital (https://capitalatlas.ai/funds/dyee-capital) — Series B, Series C
- Xiamen C&D Group — Series C
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series C, Series D
- Cantor Jungle (https://capitalatlas.ai/funds/cantor-jungle) — Series C, Series E
- Chuangtu Investment — Series C
- Denso — Series D
- Chongqing Liangjiang New Area Development and Investment Group — Series D
- Zhejiang Huzhou Huantaihu Group — Series D, Series E
- Jadex Capital (https://capitalatlas.ai/funds/jadex-capital) — Series D
- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series D
- LTW Capital (https://capitalatlas.ai/funds/ltw-capital) — Series D
- Shanghai STVC Group (https://capitalatlas.ai/funds/shanghai-stvc-group) — Series D
- Fosun Capital (https://capitalatlas.ai/funds/fosun-capital) — Series D
- China Industrial Bank — Series D
- Keboda — Series D
- Xiaomi Ventures (https://capitalatlas.ai/funds/xiaomi-ventures) — Series D
- Anhe Equity Investment (https://capitalatlas.ai/funds/anhe-equity-investment) — Series D
- Taiyou Fund — Series E
- China Fellow Partners (https://capitalatlas.ai/funds/china-fellow-partners) — Series E
- Zeal Capital (https://capitalatlas.ai/funds/zeal-capital) — Series E
- Sunic Capital (https://capitalatlas.ai/funds/sunic-capital) — Series E
- Guanding Equity Investment — Series E