# Shenzhen Cheng-Tech Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shenzhen-cheng-tech-co

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Shenzhen, China
- Website: www.chengtech.net
- Total disclosed funding: $28M
- Latest round: Series C (May 26, 2025)
- Investors on record: 7

## About

Founded in 2016 and based in Shenzhen, China, Shenzhen Cheng- Tech Co., Ltd. operates in the automotive sector, providing advanced intelligent driving perception solutions. In May 2025, Shenzhen Cheng- Tech Co., Ltd. closed a series C+ funding from new investors Xinhui Group, Grandway Capital, CAS Investment Management and other undisclosed investors. Shenzhen Cheng- Tech Co., Ltd. specializes in advanced intelligent driving perception systems, particularly focused on the automotive sector. Their core offerings include high-performance millimeter-wave radar sensors designed to enhance autonomous driving capabilities by providing reliable perception under various environmental conditions such as day, night, and inclement weather. These sensors integrate sophisticated algorithms that improve angle measurement accuracy and reduce performance degradation caused by antenna errors. The company caters primarily to automotive manufacturers and OEMs, providing solutions that enhance vehicle safety and user experience. The company generates revenue by providing intelligent driving perception systems and related services. The company will use the series C+ funding to promote the localization of millimeter-wave radar chips and millimeter-wave radar production ATE equipment and provide core technology and device solutions for industries such as wireless communications, smart cars and robots.

## Funding rounds

- Series C, May 26, 2025 — CAS Investment Management, Grandway Capital, Xinhui Group
- Series B, Dec 16, 2021, $28M — SongHe Capital, Founder Securities, Shaanxi Shantou Capital Management, Shanshan Venture Capital

## Investors

- SongHe Capital — Series B
- Founder Securities — Series B
- Shaanxi Shantou Capital Management — Series B
- Shanshan Venture Capital (https://capitalatlas.ai/funds/shanshan-venture-capital) — Series B
- CAS Investment Management (https://capitalatlas.ai/funds/cas-investment-management) — Series C
- Grandway Capital (https://capitalatlas.ai/funds/grandway-capital) — Series C
- Xinhui Group (https://capitalatlas.ai/funds/xinhui-group) — Series C