# Suzhou HIBO Electronic Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/suzhou-hibo-electronic-technology-co

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Suzhou, China
- Website: www.hibo-tech.com
- Total disclosed funding: $7.7M
- Latest round: Series A (Jul 6, 2021)
- Investors on record: 6

## About

Established in 2019 and based in Suzhou, China. Suzhou HIBO Electronic Technology Co.,Ltd is a first-class auto parts company with core technologies for intelligent travel. The company dedicated to key components of new automotive braking technology, such as electronic boosters, etc.

Suzhou HIBO Electronic Technology Co.,Ltd is a technologically innovative enterprise integrating R&D, production and sales. The technical team applies the reserved intelligent cloud technology to the electronic booster, and the core product is a smart brake actuator that is agile, reliable, comfortable and energy-saving, includes iEVP-auxiliary electronic vacuum pump, iEVP pro-independent electronic vacuum pump, Hi-booster-mechanical decoupling electronic booster and Hi-booster Pro-decoupling electronic booster.

## Funding rounds

- Series A, Jul 6, 2021 — Shunwei Capital
- Series A, Apr 13, 2021, $7.7M — Glory Ventures, GSR United Capital, Suzhou Zhuopu Fund Management
- Angel, Nov 23, 2020 — Glory Ventures, Suzhou Shida Tongtai Automobile Components
- Angel, Nov 6, 2019 — Glory Ventures, Suzhou Xiangcheng Fund

## Investors

- Glory Ventures (https://capitalatlas.ai/funds/glory-ventures) — Angel, Series A
- Suzhou Xiangcheng Fund (https://capitalatlas.ai/funds/suzhou-xiangcheng-fund) — Angel
- Suzhou Shida Tongtai Automobile Components — Angel
- GSR United Capital (https://capitalatlas.ai/funds/gsr-united-capital) — Series A
- Suzhou Zhuopu Fund Management — Series A
- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series A