9. ECARX ¥1.3B
Round: Series A
Description: Hangzhou-based ECARX is an intelligent traffic assistant for cars. Founded by Ziyu Shen in 2016, ECARX has now raised a total of ¥1.3B in total equity funding and is backed by investors that include Baidu, SIG China (SIG Asia Investments), and Yangtze River Industry Fund.
Investors in the round: Baidu, SIG China (SIG Asia Investments)
Industry: Artificial Intelligence, Automotive, Information Services
Founders: Ziyu Shen
Founding year: 2016
Location: Hangzhou
Total equity funding raised: ¥1.3B
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