Tongyu Automotive

Automobiles, Other Vehicles & PartsSeries BShanghai, Chinatongyuauto.com

Latest round

Series B

Last raised

Dec 2023

Total raised

$115M

Investors

23

About Tongyu Automotive

Established in 2016, and based in Shanghai, China, Tongyu Automotive is an automotive intelligent driving system developer that focuses on the research and development of the drive-by-wire chassis. It has two production bases in Shanghai and Yichun. The company was awarded as the National High-Tech Enterprise and passed certifications including ISO 26262, ISO 14001, and ISO 45001. In June 2022, it developed and launched CP-EPB. The company's main products are integrated electro-hydraulic braking system (iEHB), control-by-wire electronic hydraulic braking system (EHB), calliper-integrated electronic parking system (EPB), anti-lock braking system (ABS), and electronic stability control system (ESC). The EPB system uses two sets of chips, power supply and driver modules, with functions such as drive anti-skid, tire pressure detection and alarm. The products can be used in types of cars including commercial vehicles, trucks, unmanned vehicle, tractor and sightseeing car. Its clients include FAW, Nissan, Geely, and other enterprises.

Who invested in Tongyu Automotive

23 investors across 3 rounds

See all investors in Tongyu Automotive

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Funding rounds

  1. Series B

    Dec 4, 2023

    Amount

    $70M

    Investors

    Locked

  2. Series A

    Aug 22, 2022

    Amount

    $29M

    Investors

    Locked

  3. Series A

    Sep 14, 2021

    Amount

    $16M

    Investors

    Locked

Questions about Tongyu Automotive

Who invested in Tongyu Automotive?

Tongyu Automotive has 23 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 Tongyu Automotive raised?

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

When did Tongyu Automotive last raise money?

Tongyu Automotive's most recent round on record is a Series B, in Dec 2023.

What does Tongyu Automotive do?

Established in 2016, and based in Shanghai, China, Tongyu Automotive is an automotive intelligent driving system developer that focuses on the research and development of the drive-by-wire chassis.

Where is Tongyu Automotive headquartered?

Tongyu Automotive is headquartered in Shanghai, China.

Which VCs invest in companies like Tongyu Automotive?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back automobiles, other vehicles & parts companies at Tongyu Automotive's stage. Their profiles are linked below.

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