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Develops and manufactures intelligent chassis systems and drive-by-wire electronics for electric and autonomous vehicles.
Based in Shanghai, China, Bibost Automotive Electronics designs and manufactures intelligent chassis systems and drive-by-wire automotive electronics for electric and autonomous vehicles. The enterprise provides integrated hardware and software solutions that include drive-by-wire braking, electric power steering, suspension systems, and domain controllers for mass-produced passenger cars. Operating additional research centers in Beijing and manufacturing facilities in Jiangsu, the supplier has shipped over 500,000 smart braking products to date, maintaining monthly delivery volumes exceeding 40,000 units with anticipated future orders valued at CNY 1.5 billion. Bibost has raised hundreds of millions of yuan across multiple venture rounds, including a CNY 300 million Series B and a CNY 200 million Series A+ backed by NIO Capital, Shanghai Baolong Automotive, and Hubei Henglong Automotive System Group. The automotive components company was founded in May 2021 by CEO Liu Xiaohui.
Bibost Automotive Electronics has raised $27.7M across 1 funding round.
Bibost Automotive Electronics has raised $27.7M in total across 1 funding round.
Bibost Automotive Electronics has raised $27.7M in total across 1 funding round.
Bibost Automotive Electronics's investors include Baolong Technology, Fengfan Venture Capital, Hongshan Capital Group (Sequoia Capital China).
Bibost Automotive Electronics has raised $27.7M across 1 funding round. Most recently, it raised $27.7M Series A in January 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 22, 2024 | $27.7M Series A | Baolong Technology, Fengfan Venture Capital, Hongshan Capital Group (Sequoia Capital China) |