# Upon Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/upon-technology

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Tianjin, China
- Latest round: Series B (Feb 4, 2026)
- Investors on record: 11

## About

Based in Tianjin, China, and founded in 2023, Yupan Technology (Tianjin) Co., Ltd., dba Upon Technology, is an automotive service company that provides chassis actuation systems and intelligent control solutions. It has acquired IATF 16949, ISO 14001, and ISO 45001 certifications. The company's founder, Xiaole Zhang, graduated from the Department of Automotive Engineering at Tsinghua University.

In February 2026, Upon Technology closed a round of series B funding from Beijing Karui Venture Capital Management, Shunwei Capital and Jiayi Venture Capital.

Upon Technology provides integrated hardware and software services across intelligent chassis steer-by-wire, intelligent suspension, and brake-by-wire. The company is focusing on Y-axis steering products, while simultaneously developing Z-axis suspension products to accommodate X-axis braking products, ultimately achieving omnidirectional control across X, Y, and Z directions. It has launched rear wheel steering systems and completed the verification test of the rear wheel steering system (RWS) and the road test of the vehicle. 

The company generates revenue by providing chassis actuation systems and intelligent control solutions.

## Funding rounds

- Series B, Feb 4, 2026 — Shunwei Capital, Jiayi Venture Capital, Beijing Karui Venture Capital Management
- Series A, Oct 20, 2025 — Yuanjing (Wuhan) Investment Management, Ruicheng Fund
- Series A, Mar 13, 2025 — Suzhou International Development Venture Capital Holding, Shunwei Capital, Orient Jiafu Asset Management, Jiayi Venture Capital
- Angel, Apr 12, 2024 — Shunwei Capital, Landstone Capital, Xiaomi Group
- Seed, Jul 10, 2023 — Crystal Stream, Landstone Capital, W&W Capital

## Investors

- Crystal Stream (https://capitalatlas.ai/funds/crystal-stream) — Seed
- Landstone Capital (https://capitalatlas.ai/funds/landstone-capital) — Seed, Angel
- W&W Capital — Seed
- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Angel, Series A, Series B
- Xiaomi Group — Angel
- Suzhou International Development Venture Capital Holding (https://capitalatlas.ai/funds/suzhou-international-development-venture-capital-holding) — Series A
- Orient Jiafu Asset Management (https://capitalatlas.ai/funds/orient-jiafu-asset-management) — Series A
- Jiayi Venture Capital (https://capitalatlas.ai/funds/jiayi-venture-capital) — Series A, Series B
- Yuanjing (Wuhan) Investment Management — Series A
- Ruicheng Fund (https://capitalatlas.ai/funds/ruicheng-fund) — Series A
- Beijing Karui Venture Capital Management (https://capitalatlas.ai/funds/beijing-karui-venture-capital-management) — Series B