SOTEREA is an intelligent driving system developer that focuses on R&D, application and promotion of intelligent automotive technologies for commercial vehicles.
SOTEREA offers an intelligent solutions to help commercial vehicles enhance driving safety.
SOTEREA was founded in 2014 and is headquartered in Tianjin, Tianjin, China.
SOTEREA's products span the areas of safe driving, smart driving, and cloud computing. These include automatic emergency brake, safety management cloud platform, and by-wire control systems.
SOTEREA, by using big data, AI, and IoT technologies, its entrusted IoT cloud platform digitizes driving scenarios through cloud real-time computing, realizes in-process driving risk screening and remote intervention in logistics fleets; Actively avoid driving risks, reduce accidents, and reduce losses.
SOTEREA has established a strategic cooperation with Munich Reinsurance Company in the field of commercial vehicle insurance. Soterea has also founded joint laboratories with Princeton University, Tsinghua University, and Beijing Institute of Technology.
SOTEREA is backed by Ping An Capital, SK China, Harvest Capital Management, Henan Investment Group, and others. The company closed a 1.3 billion yuan ($204.1M) in Series B round on Mar 29, 2022. This brings SOTEREA's total funding to over $250M to date. The latest round valued SOTEREA at a $1.56B post-money.