ZongMu Technology
Founded Year
2013Stage
Series E | AliveTotal Raised
$367.83MLast Raised
$157M | 1 yr agoRevenue
$0000About ZongMu Technology
ZongMu Technology develops an advanced driver assistance system, including 2D and 3D panoramic vision systems, self-parking solutions, and driving recording systems.
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Research containing ZongMu Technology
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CB Insights Intelligence Analysts have mentioned ZongMu Technology in 2 CB Insights research briefs, most recently on Sep 16, 2021.
Expert Collections containing ZongMu Technology
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
ZongMu Technology is included in 3 Expert Collections, including Auto Tech.
Auto Tech
2,425 items
Startups building a next-generation mobility ecosystem, using technology to improve connectivity, safety, convenience, and efficiency in vehicles.Includes technologies such as ADAS and autonomous driving, connected vehicles, fleet telematics, V2V/V2X, and vehicle cybersecurity.
Unicorns- Billion Dollar Startups
1,214 items
Artificial Intelligence
10,627 items
This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.
ZongMu Technology Patents
ZongMu Technology has filed 1 patent.
The 3 most popular patent topics include:
- Computer storage media
- Rotating disc computer storage media
- Search algorithms
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
4/24/2020 | 2/28/2023 | Rotating disc computer storage media, Computer storage media, Video game storage media, Storage media, DVD | Grant |
Application Date | 4/24/2020 |
|---|---|
Grant Date | 2/28/2023 |
Title | |
Related Topics | Rotating disc computer storage media, Computer storage media, Video game storage media, Storage media, DVD |
Status | Grant |
Latest ZongMu Technology News
Mar 29, 2022
(Yicai Global) March 29 -- Zongmu Technology, a Chinese autonomous driving and advanced driver assistance systems developer and provider, has secured CNY1 billion (USD157 million) in its latest financing round. The Series E fundraiser was led by Dongyang Guanding Equity Investment Partnership under Zhejiang province’s Dongyang State-owned Assets Supervision and Administration Commission, the Shanghai-based firm said yesterday. Yuanhai Fund and Zongmu’s existing shareholders Zhejiang Huzhou Huantaihu Group and Chuangtu Venture Capital also took part. The proceeds will be used to speed up research and development of autonomous driving mass production projects and build an industrial park with an annual capacity of two million autonomous driving systems in Dongyang, Zongmu’s founder and Chief Executive Officer Tang Rui said. “The autonomous driving industry is a halfway competitive market,” Tang noted. “Systematic R&D and mass production delivery capabilities have become the core competitiveness at this stage.” Zongmu, which is one of the first designated autonomous driving companies in China to win a contract for level four mass production projects, completed a USD190 million Series D funding round led by Xiaomi Changjiang Industrial Investment Fund in June last year. Founded in 2013, Zongmu develops and makes sensor hardware such as millimeter-wave radar, ultrasonic radar, and around view cameras. It has production bases in Fujian province’s Xiamen and Zhejiang’s Huzhou, and R&D centers in many cities including Shanghai. Its products have been factory-installed in several vehicle models from FAW Group’s luxury car brand Hongqi, Changan Automobile Group, and Geely Holding Group. Editor: Futura Costaglione
ZongMu Technology Frequently Asked Questions (FAQ)
When was ZongMu Technology founded?
ZongMu Technology was founded in 2013.
Where is ZongMu Technology's headquarters?
ZongMu Technology's headquarters is located at 7-9F, Building 3, Tengfei Science and Technology Building, Shanghai.
What is ZongMu Technology's latest funding round?
ZongMu Technology's latest funding round is Series E.
How much did ZongMu Technology raise?
ZongMu Technology raised a total of $367.83M.
Who are the investors of ZongMu Technology?
Investors of ZongMu Technology include Huzhou Huantaihu Group, Cantor Jungle, CNCB Investment, Zuoyu Capital, China Fellow Partners and 23 more.
Who are ZongMu Technology's competitors?
Competitors of ZongMu Technology include Deeproute.ai and 2 more.
Compare ZongMu Technology to Competitors
Pony.ai develops a range of autonomous driving solutions. It provides software algorithms and infrastructure that enables vehicles to perceive their surroundings. It also offers variant solutions like perception, planning, and mapping localization. It was founded in 2016 and is based in Fremont, California.
WeRide provides AI technology focused on autonomous vehicles. The company's main technology includes high-precision maps and positioning, automatic vehicle perception, planning and control, simulation, data analysis, hardware, and fleet. WeRide focuses on the strategic cooperation of the iron triangle with car companies and platforms and forms three product matrices: Robotaxi, Mini Robobus, and Robovan. It provides multi-scenario services from online car-hailing, and on-demand buses to intra-city freight, and explores the commercialization of autonomous driving for people. The company was founded in 2017 and is based in Guangzhou, China.
Waymo operates as a self-driving technology company. It offers an autonomous ride-hailing service. It helps in reducing traffic injuries and fatalities in the places where it operates. It was founded in 2009 and is based in Mountain View, California.
Yihang Intelligence is a self-driving technology solution provider.
Deeproute.ai provides L4 self-driving solutions and develops sensors, high-precision mapping, control, hardware, infrastructure, cloud computing and storage, and other self-driving technologies. The company was founded in 2019 and is based in Shenzhen, China.
Cowarobot focuses on the research and development of autonomous driving technology in complex urban scenarios and the application of intelligent networked urban services. The company's main technology includes a perception and recognition algorithm high-precision map, and an intelligent network connection. The company's technology services in fields include municipal sanitation and city distribution logistics. The company was founded in 2015 and is based in Wuhu, China.
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