Shanghai Tongyu Automobile Technology

An intelligent driving system development company.

Launch date

Sep 2016

Market cap

Enterprise valuation

AUD458m (Public information from Dec 2023)

Shanghai Shanghai (HQ)

http://tongyuauto.com

Date	Investors	Amount	Round
Mar 2019	VIE Florin Investment Group	CNY3.0m	Angel
Aug 2022*	Summitview Capital Bank of Communications Shanghai Industrial Development Jinbang Capital Mi Box S Xiaomi Ventures Tongchuang Capital Ruomu Capital	CNY200m	Series A
Aug 2023*	Xiaomi Zhizao Equity	CNY39.5m Valuation: CNY1.0b	Early VC
Dec 2023*	Shenzhen Capital Group Summitview Capital Xiaomi Maintrend Capital Jinbang Capital BAIC Capital BOCOM International CCB Trust Rockets Capital CCB Investments Ruomu Capital Dongfeng Motor Corporation Anhui Guojiang Fund Yizhou Capital Xuanyuan Capital GGV Capital Fire Eye Capital Southern Industrial Investment Xinyu Lepu Venture Capital Guoshun Fund Tongchi Capital	CNY500m Valuation: CNY2.2b	Series B
Total Funding		AUD158m