Shanghai Tongyu Automotive Technology Co. (Tongyu Automotive) is an automotive-technology company based in Shanghai. The company has completed a strategic B-round financing exceeding ¥500 million. The raise attracted a mix of industrial and financial investors, indicating strong industry and capital-market interest. Participating investors named in the article include Shen Chuang Tou, Ji Yuan Capital, Bei Qi Chan Tou, Xing Hang Capital, Guo Jiang Fund, Nan Fang Chan Tou, Jian Xin Capital, Xuan Yuan Capital, Huo Yan Capital, Ming Chuan Capital, Le Pu Capital, and Guo Shun Fund. Existing shareholders — including Xiao Mi Chan Tou, Dong Feng Zi Guan, Jiao Yin Guo Ji, Wu Yue Feng Ke Chuang, Jin Bang Capital, Yi Zhou Capital, Tong Chi Capital, and Ruo Mu Capital — also continued to participate in the round. The report describes the financing as a strategic B round but does not disclose additional operational or financial metrics.

Total raised

$70M

Funding rounds

1

Latest round

Series B

Latest activity

Dec 2023