ECARX

About

ECARX is a global mobility tech company that develops an automotive computing platform.

Hangzhou,Zhejiang,China
1001 - 5000
http://www.ecarxgroup.com

Highlights

Details

Last Funding Type: Convertable Note
Last Funding Money Raised: $65M
Industries: Automotive,Autonomous Vehicles,Information Services,Software
Founded date: Jan 1, 2017
Number Of Employee: 1001 - 5000
Operating Status: Active
Legal Name: ECARX Holdings, Inc.
Also Known As: 亿咖通, 亿咖通(湖北)技术有限公司,ECARX Limited,ECARX Holdings

ECARX is a global mobility tech company that develops an automotive computing platform. Its products include infotainment head units (IHU), digital cockpits, vehicle chip-set solutions, a core operating system, and an integrated software stack. It rapidly advances technology to shape the interaction between people and cars.

The company was founded in 2017 with facilities in China and Europe.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$310M ¥1.30B

ECARX has raised a total of $310M ¥1.30B in funding over 2 rounds. Their latest funding was raised on Nov 14, 2022 from a Convertable Note round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 14, 2022	Convertable Note	$65M	2	—	—	Detail
May 26, 2022	Corporate Round	$45M	3	Luminar	—	Detail
Feb 25, 2021	Series A	$200M	2	China Reform Holdings Corporation Hangzhou Trust	—	Detail
Oct 27, 2020	Series A	¥1.30B	2	Baidu	—	Detail
Dec 7, 2017	Angel	¥3M	1	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

5

1

ECARX has made 5 investments. Their most recent investment was on May 12, 2022, when TipTop raised $23M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
May 12, 2022 TipTop	Series A	$23M	Cryptocurrency	—
Dec 1, 2014 Marvel	Seed	£525K	Apps	—
Oct 28, 2014 Mainframe	Pre-seed	$200K	Blockchain	Yes
Sep 1, 2014 DICE	Seed	$3.80M	Events	—
May 1, 2011 Postmates	Seed	$750K	Delivery	—

Investors

Number of Lead Investors

Number of Investors

4

10

ECARX is funded by 10 investors. Luminar and China Reform Holdings Corporation are the most recent investors.

Investor Name	Lead Investor	Funding Round
Luminar	Yes	Corporate Round
China Reform Holdings Corporation	Yes	Series A
Hangzhou Trust	Yes	Series A
Baidu	Yes	Series A
CNCB Capital	—	Convertable Note
SPDB International Holdings	—	Convertable Note
Geely	—	Corporate Round
Lotus Technology	—	Corporate Round
SIG China (SIG Asia Investments)	—	Series A
Yangtze River Industry Fund	—	Angel