# Trugo Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/trugo-tech

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Shanghai, China
- Website: www.trugotech.cn
- Total disclosed funding: $156M
- Latest round: Series C (Feb 4, 2026)
- Investors on record: 22

## About

Based in Shanghai, China, and founded in 2015, Zhejiang Qiangu Automotive Technology Co., Ltd., trading as Trugo Tech, is an automobile company engaged in the manufacture of automotive components and system integration. It has partnerships with Thunder Soft, Xiaomi, UOB Venture Management, etc. In 2022, EHBI released and completed the first project loading test. In 2023, ESC completed mass production supply. In February 2026, Trugo Tech raised CNY 700 million in series C funding.

The company is committed to X-by-wire chassis technologies such as braking systems, steering systems, suspension systems, and domain control systems. The products include ESC, EHBI integrated one box product, EHBH two-box product, EPB electric parking braking system, etc.

The company’s revenue is generated by providing car-by-wire chassis.

The funds raised in series C will focus on the iteration of core technologies in brake-by-wire systems, product mass production and capacity expansion, continuously strengthening the company's advantages in the field of intelligent chassis.

The company will use the series B funding to support its growth and enhance its product development.

## Funding rounds

- Series C, Feb 4, 2026, $101M — Chengdu Science and Technology Venture Capital Group, Blue Lake Capital, Coco Capital, Yangtze Delta Region Institute of Tsinghua University - Hangzhou Branch, Zheshang Capital Management, Winreal Investment, Pinghu Xinyi Venture Capital, BOC International (China)
- Series B, Dec 31, 2024, $55M — UOB Venture Management, Fortune Capital, Blue Lake Capital, Winreal Investment, Fibonacci VC, China FAW Group, SinoKing Capital, Changshu Guofa Venture Capital, Guangzhou Development District City Development Fund, Shanghai Baolong Automotive Corporation, Auto Capital, Beijing Karui Venture Capital Management
- Series A, Feb 21, 2023 — UOB Venture Management, Xiamen C&D Group, Zhengxuan Capital, Xiaomi Group, Yiling Ventures

## Investors

- UOB Venture Management (https://capitalatlas.ai/funds/uob-venture-management) — Series A, Series B
- Xiamen C&D Group — Series A
- Zhengxuan Capital (https://capitalatlas.ai/funds/zhengxuan-capital) — Series A
- Xiaomi Group — Series A
- Yiling Ventures — Series A
- Fortune Capital — Series B
- Blue Lake Capital (https://capitalatlas.ai/funds/blue-lake-capital) — Series B, Series C
- Winreal Investment (https://capitalatlas.ai/funds/winreal-investment) — Series B, Series C
- Fibonacci VC (https://capitalatlas.ai/funds/fibonacci-vc) — Series B
- China FAW Group — Series B
- SinoKing Capital (https://capitalatlas.ai/funds/sinoking-capital) — Series B
- Changshu Guofa Venture Capital (https://capitalatlas.ai/funds/changshu-guofa-venture-capital) — Series B
- Guangzhou Development District City Development Fund (https://capitalatlas.ai/funds/guangzhou-development-district-city-development-fund) — Series B
- Shanghai Baolong Automotive Corporation — Series B
- Auto Capital (https://capitalatlas.ai/funds/auto-capital) — Series B
- Beijing Karui Venture Capital Management (https://capitalatlas.ai/funds/beijing-karui-venture-capital-management) — Series B
- Chengdu Science and Technology Venture Capital Group (https://capitalatlas.ai/funds/chengdu-science-and-technology-venture-capital-group) — Series C
- Coco Capital (https://capitalatlas.ai/funds/coco-capital) — Series C
- Yangtze Delta Region Institute of Tsinghua University - Hangzhou Branch — Series C
- Zheshang Capital Management (https://capitalatlas.ai/funds/zheshang-capital-management) — Series C
- Pinghu Xinyi Venture Capital — Series C
- BOC International (China) (https://capitalatlas.ai/funds/boc-international-china) — Series C