# Xiangdao Chuxing

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xiangdao-chuxing

- Industry: Transportation Services
- Headquarters: Shanghai, China
- Website: www.saicmobility.com
- Total disclosed funding: $148M
- Latest round: Series B (Aug 15, 2022)
- Investors on record: 3

## About

Established in 2018 and based in Shanghai, China, Xiangdao Chuxing operates as a travel technology service company that mainly provides commercial vehicle information service platform. It has fleets in Zhengzhou, Suzhou, Kunshan, Hangzhou and other places. In 2020, the company launched the Xiangdao Enterprise Edition App. In 2022, the company raised over CNY 1 billion in series B funding from Beijing Chusudu Technology Company Limited, Gaohang Management Consulting, and SAIC Capital. In May 2025, Xiangdao Chuxing closed a round of series C funding.

The company uses mobile Internet and big data technologies to provide smart travel services. Travel services include personal travel, corporate travel, and government travel, providing vehicle management, itinerary details, and vehicle reservation services. Xiangdao Chuxing uses autonomous driving technology to develop Robotaxi, a 5G smart car. The company also provides test rides, shopping malls, and financial services.

The company generates revenue by providing smart travel services such as personal travel, corporate travel, and test rides services.

The company will build an L4-level Robotaxi fleet in Shanghai, with plans to have 200 vehicles by 2026. It will also launch a Hong Kong stock IPO.

## Funding rounds

- Series B, Aug 15, 2022, $148M — SAIC Capital, Beijing Chusudu Technology Company Limited, Gaohang Management Consulting

## Investors

- SAIC Capital (https://capitalatlas.ai/funds/saic-capital) — Series B
- Beijing Chusudu Technology Company Limited — Series B
- Gaohang Management Consulting — Series B