Zongmu Technology

Zongmu is a developer of ADAS solutions that offers software and hardware in the automotive sector primarily aimed at improving safety and infotainment.

Zongmu is committed to providing consumers with such safer and more convenient autonomousnomous-driving experiences as assisted driving and unmanned parking, thus meeting the ever-upgrading demands of consumers.

Zongmu was founded in 2011 by Tang Rui. The company is headquartered in Pudong District, Shanghai, with R&D centers in Shanghai, Beijing, Xiamen, Shenzhen, Chongqing as well as Stuttgart, and manufacturing center in Xiamen, Huzhou.

 

Zongmu's software products: Navigation Integrated Panoramic Parking System Surround View ADAS Multi-function Driving Safety System 2D Panoramic Parking (2D AVM), 3D Panoramic Parking (3D AVM), Lane Departure Warning (LDW), Blind Spot Vehicle Detection (BSD), and Moving Object Detection (MOD) functions.

 

Zongmu's products have been factory-installed in several vehicle models from FAW Group’s luxury car brand Hongqi, Changan Automobile Group, and Geely Holding Group.

 

Zongmu is backed by Guanding Equity Investment, Yuanhai Fund, Sunic Capital, Zuoyu Capital, Fellow Capital, Yuanying Capital, Xiaomi Changjiang Industrial, Taiyou Fund, Chuangtu Investment, and others. The company raised CNY1B ($157M) in Series E round on Mar 28, 2022. This brings Zongmu's total funding to $376M to date. The latest round valued the company at a $11.5B post-money.

 

 

  • Year founded: 2011
  • Funding Info: $376M over 5 Rounds (Latest Funding Type: Series E)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at $11.5B as of Mar 28, 2022
  • City/Town: Pudong District
  • State: Shanghai
  • Country: China
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