ZD Automotive closes Series A financing round

Beijing (Gasgoo)- ZD Automotive, an automotive R&D solution provider, has successfully completed its hundred-million-yuan-level Series A financing with China Merchants Capital as the lead investor.

Photo credit: ZD Automotive 

Upon completion of this financing round, ZD Automotive will accelerate the R&D of its global intelligent automotive R&D toolchain, optimize and enrich its product layout, providing more user-friendly, scalable, and agile R&D toolchain products and integrated solutions that meet the needs of both domestic and overseas automakers.

Founded in 2015, ZD Automotive is a provider of intelligent automotive R&D toolchain products and integrated solutions, focusing on automotive bussing technology. The company provides powerful digital tools through standardized products and customized solutions, helping clients improve the efficiency of product R&D and validation.

In 2021, the company launched its self-developed R&D tools, ZDBox, ZDDatalogger, and ZDConverter, which are now in mass production and available for global markets. The company currently has a technology service headquarters in Beijing, a frontier technology research institute in Germany, a software development base in Shanghai, and two delivery centers in Nanjing and Hefei.