Gasgoo Munich - Trugo Tech announced on February 4 that it has recently closed a 700 million yuan Series C funding round. The round was jointly led by nine investors. These include Blue Lake Capital, Jiaxing Changsantou, Winreal Investment, Zheshang Capital, Xinyi Donghu, Coco Capital, Chengdu Jiaozi Zhongying Fund, Yidaohuizhi, and Chengdu Kechuang. Proceeds will primarily fuel the iterative upgrade of core wire-controlled braking technologies, drive mass production, and expand capacity—moves designed to solidify the company’s lead in the smart chassis sector.
QianGu’s strategy centers on the chassis—the core execution layer of intelligent vehicles—with a focus on achieving technological autonomy and domestic substitution. The company has already mastered a full stack of proprietary technologies, including wire-controlled braking and vehicle stability control. It currently holds a competitive edge in critical areas such as functional safety development, high-safety redundancy controllers, and VMC vehicle stability control algorithms.
Image Source: Trugo Tech
Building on this foundation, QianGu has rolled out a suite of products, several of which have reached mass production. Its ESC systems, now in their third iteration, are already widely deployed. Notably, the proprietary EHBI-Onebox stands as China’s first wire-controlled braking product to integrate VMC2.0 vehicle kinematics control software. Additionally, the company’s EMB (Electro-Mechanical Braking) system has successfully passed B-sample vehicle testing.
The company has established a national footprint with dual R&D hubs in Shanghai and Chengdu, and manufacturing bases in Changshu and Pinghu. Shanghai serves as the R&D headquarters, leveraging the Yangtze River Delta’s innovation resources to push the boundaries of chassis technology. Meanwhile, the Changshu smart factory is already mass-producing wire-controlled braking systems, ensuring reliable deliveries. The Pinghu manufacturing base is currently under construction; once operational, it will complement Changshu’s output to meet surging market demand.
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Gasgoo’s "Seeds Discovery" column is designed to connect startups with ecosystem partners, investors, and local governments, empowering the broader automotive supply chain. Since its inception, the column has sought to identify standout companies, technologies, and business models driving the intelligent transformation of the industry. According to Gasgoo, nearly every startup featured in "Seeds Discovery" has gone on to secure partnerships within the industrial ecosystem.
