Zongmu Technology is a Chinese self-driving tech firm focused on autonomous driving systems and related R&D. The company was founded in 2013 and is headquartered in Pudong New Area, Shanghai.
UpMarket does not offer Zongmu Technology shares. This page covers the history of Zongmu Technology before it shut down.
Zongmu Technology ceased operations in January 2025. UpMarket does not offer Zongmu Technology shares. This page covers its earlier valuation and funding history.
Zongmu Technology ceased operations in January 2025.
See how the private-market valuation of Zongmu Technology changed across funding rounds before it shut down.
See reported funding rounds and revenue figures on this page, with their sources.
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| Date | Round | PPS (split-adj.) | Valuation |
|---|---|---|---|
| Mar 2024 | IPO filing | ||
| 2021 | Series E | ||
| 2020 | Series D | ||
| 2018 | Series C | ||
| 2016 | Series B |
Zongmu Technology said it completed a Series E financing round of more than RMB 1 billion, signaling continued investor support for its autonomous-driving roadmap. Seedtable also tracks the company’s cumulative funding at about $342.5 million across five rounds, underscoring scale-up capital access.
Zongmu’s official site describes its business as “from technology to mass production,” indicating a focus on turning autonomous-driving R&D into deployable products. That positioning is supported by the company’s large financing history, which suggests investors are backing commercialization rather than pure lab development.
GetLatka reports that Zongmu’s CEO said the company grew to $70 million in revenue over 13 years, implying a meaningful commercial base in automotive software. The same source says Zongmu has a 901-person team, suggesting it is scaled to serve multiple programs and customers.
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No. Zongmu Technology ceased operations in January 2025 and has no tradable shares. UpMarket does not offer Zongmu Technology shares.
Zongmu Technology has no stock price and no current valuation. The figures on this page are historical private-market valuations from before it shut down.
No. Zongmu Technology has shut down, and UpMarket does not offer its shares. Accredited investors interested in companies that have not yet gone public can review UpMarket's current pre-IPO offerings.
Zongmu Technology has ceased operations. This page is kept for its historical funding and valuation data. UpMarket does not offer Zongmu Technology shares.
In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.
Zongmu Technology ceased operations in January 2025. What former shareholders receive, if anything, depends on the company's wind-down or dissolution.
UpMarket does not offer Zongmu Technology shares. The minimum for most pre-IPO offerings on UpMarket is $50,000.
UpMarket does not publish an estimate for Zongmu Technology. The figures on this page show its valuation history before it shut down.
Zongmu Technology is a Chinese autonomous driving systems and R&D company that generated $60M in 2022 revenue, and its recent Series E raised over RMB 1 billion, supporting its pre-IPO position. Zongmu Technology has ceased operations, and UpMarket does not offer its shares.