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§ Private Profile · Hangzhou, Zhejiang, China
Develops intelligent driving solutions, including ADAS and ADS, providing ODIN architecture for automotive OEMs in China.
FreeTech is a China-based automotive technology company that develops advanced driver assistance systems and automated driving solutions for original equipment manufacturers. The organization provides a proprietary software and hardware integrated platform known as the ODIN architecture, alongside specific intelligent driving products such as the FT Ultra solution for urban navigation. As of 2024, the company has secured over 330 design wins across the automotive sector, supplying its technology systems to all of the top ten domestic automakers in the Chinese market. The enterprise is heavily engineering-focused, with research and development personnel comprising over 70 percent of its total workforce and an intellectual property portfolio of 347 granted patents. FreeTech was originally founded in 2016 by a core team of automotive industry veterans that includes current Chairman and Chief Executive Officer Dr. Zhang Lin.
FreeTech has raised $100.0M across 1 funding round.
FreeTech has raised $100.0M in total across 1 funding round.
FreeTech has raised $100.0M across 1 funding round. Most recently, it raised $100.0M Series A in July 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 6, 2021 | $100M Series A | — | China Internet Investment Fund, Xiong Jiahong | Announced |
FreeTech has raised $100.0M in total across 1 funding round.
FreeTech's investors include China Internet Investment Fund, Xiong Jiahong.