2024-04-01
On March 26, 2024, Shanghai SDrive Technology Co., Ltd. (hereinafter referred to as "SDrive") officially completed the Pre A+ round of financing, which was jointly led by Nuoyan Capital, Sinovac Venture Capital, and Jianmu Investment, and followed by Bridge Capital. The funds will be mainly used for the research and development of new generation products and market development to enhance the company's brand competitiveness in the field of core suspension components.
Founded in 2021, SDrive is one of the earliest companies in China to enter the field of air suspension. It is committed to the research, development, production and sales of automotive suspension controller products. At present, Shijia Technology has launched the first generation of "two-in-one" ECU products and the second generation of "eight-in-one" One-Box products for air suspension. The company's core team comes from well-known domestic OEMs and large international parts suppliers. They are deeply engaged in the core field of automotive chassis and have rich experience in the research and development and production of air suspension systems, integrated One-Box and controllers. They have participated in the mass production of many well-known domestic models and led China's first semi-active air suspension project.
The SDrive team adheres to the tenet of "integrity, collaboration, innovation and win-win", insists on promoting R&D and technological progress with innovative concepts, and strives to bring drivers a safer, smoother and more comfortable driving experience, which is widely recognized. On August 21, 2023, SDrive was invited to participate in the "China National Brand Revitalization Project and "Credit China" Topic Selection Meeting", and was successfully shortlisted for the "Rising National Brands" special program of the "Credit China" column. On December 3, 2023, the Automotive Evaluation Institute held the "China Automotive Unicorn Conference", and SDrive won the title of the sixth "China Automotive Invisible Unicorn".
Charlie Zhou, partner of Nuoyan Capital, said: "With the trend of electric and intelligent vehicles, the wire-controlled chassis, as the execution platform of the vehicle, is a crucial piece of the puzzle for autonomous driving, and the electronically controlled suspension is a key link in the chassis. SDrive's air suspension integrated eight-in-one SDS ( One-Box ) controller product has seized the window period of the air suspension market explosion in 2023, and is expected to break the technology monopoly of European and American manufacturers and help the development of lightweight and intelligent suspension in China.
Nuoyan Capital is willing to accompany SDrive for a long time and jointly build a world-class suspension system supplier.
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