Gasgoo Munich- Trugo Tech announced on Feb. 4 it has completed a 700-million-yuan Series C financing round, bringing together a total of 9 strategic and financial investors including Blue Lake Capital, Winreal Investment, Zheshang Capital, COCOCAPITAL Corporation.
The company said the fresh capital will be directed toward next-generation brake-by-wire technologies, scaling up mass production of key products and expanding manufacturing capacity, as it looks to further cement its position in China's fast-evolving intelligent chassis market.
Trugo Tech's brake-by-wire products; image source: Trugo Tech
At the heart of Trugo Tech's strategy is a sharp focus on the "execution layer" of intelligent vehicles: the chassis-by-wire. The company is pursuing full technological self-reliance and domestic substitution in critical systems, with in-house capabilities spanning brake-by-wire and vehicle stability control. It says it has built a comprehensive proprietary technology stack, maintaining a competitive edge in functional safety engineering, high-redundancy controller design and vehicle motion control (VMC) algorithms—areas seen as foundational for advanced driver assistance and future autonomous driving.
Building on this technological base, Trugo Tech has rolled out a portfolio of products that have already entered large-scale production. Its electronic stability control (ESC) systems have gone through multiple generations and are now widely deployed in customer vehicles. The company has also introduced EHBI-Onebox, which it describes as China's first brake-by-wire solution to integrate VMC 2.0 vehicle dynamics software. In parallel, its electronic mechanical braking (EMB) system has completed B-sample vehicle installation tests, marking another step toward commercialization.
Alongside product development, Trugo Tech has been building out a nationwide footprint that separates research and manufacturing while keeping both closely aligned with key industrial clusters. Shanghai serves as the company's main R&D headquarters, anchoring its long-term strategy and tapping into the Yangtze River Delta's dense innovation resources to advance core chassis-by-wire technologies. Chengdu functions as a second R&D hub, while manufacturing is centered in Changshu and Pinghu. The Changshu smart factory is already delivering brake-by-wire systems at scale, supporting current market demand, and the Pinghu facility is under accelerated construction. Once completed, the two plants are expected to complement each other on capacity as orders continue to grow.
