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- AutoAI
AutoAI Valuation, Funding & Investors
AutoAI is valued at $570M as of August 2024.
About AutoAI
AutoAI is a Beijing-based developer of networked systems for Level 4 autonomous vehicles, backed by investors like Tencent and IDG Capital. Founded in 2018, it deploys test fleets in 10 Chinese cities with lidar-radar fusion for urban driving. The company partners with BAIC and FAW for production integration, achieving 99.9% uptime in validation drives exceeding 5 million kilometers.
Founded
2006
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$570M (Aug 2024)
AutoAI Valuation
AutoAI is currently valued at $570M, based on its strategic investment round in August 2024.
The $94M round was led by DiDi.
AutoAI valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Aug 2024 | Strategic investment | $570M |
AutoAI Funding History
AutoAI has raised a total of $198M across 2 funding rounds.
AutoAI's first fundraising round was a $104M undisclosed-stage round in January 2019. The most recent completed round was a $94M strategic investment round in August 2024.
AutoAI funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2024 | Strategic investment | DiDi (lead) | $94M | $570M | AutoAI is a NavInfo-affiliated technology company focused on intelligent mobility solutions and smart transportation, with a particular emphasis on developing intelligent cockpit technologies. On August 28, 2024, AutoAI announced a capital increase involving investments from both NavInfo and Didi. NavInfo invested 100 million yuan in the round, which reduced its stake from 30.29% to 27.01% while retaining its position as the largest shareholder. Didi contributed its 100% stake in Ruilian Xingchen (Beijing) Technology Co., Ltd., valued at 450 million yuan, along with a cash injection of 220 million yuan, making Didi the second-largest shareholder with a 16.46% stake following the transaction. The combined investment from both parties totaled 670 million yuan in capital increase. Didi emphasized that AutoAI remains an important ecosystem partner, building on its initial investment dating back to 2018. As part of the strategic strengthening of cooperation, approximately 300 members from Didi's smart transportation team joined AutoAI to focus on intelligent cockpit technology development. |
| Jan 2019 | Undisclosed stage | Bosch Ventures (lead); Advantech Capital; Tencent; NavInfo; NIO Capital; DiDi; MediaTek | $104M | - | - |
Who has invested in AutoAI?
7 investors have backed AutoAI across its funding rounds, including DiDi, Tencent, Bosch Ventures, NIO Capital, MediaTek and Advantech Capital.
Lead investors include DiDi and Bosch Ventures.
AutoAI Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Jan 2019 | ||
| 1 | Participant | Jan 2019 | ||
| 1 | Lead | Jan 2019 | ||
| 1 | Participant | Jan 2019 | ||
| 1 | Participant | Jan 2019 | ||
This data is available for Pro users. Sign up to see all 7 AutoAI investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAutoAI Competitors
AutoAI competitors include listed companies like UBtech Robotics and Kodiak AI, and private ones like Roadstar.ai, Swift Navigation, Advanced Navigation and D-Robotics.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $298M | ($108M) | $5.1B | 9.5x | ||
| Private | - | - | $600M | - | ||
| Private | - | - | $500M | - | ||
| Private | $38M | - | $710M | 18.8x | ||
| Private | - | - | $450M | - | ||
| Publicly listed | $4M | ($577M) | $768M | 98.7x |
AutoAI Public Comps
AutoAI is still privately-owned, but its public comps include Reconova Technologies, RoboStrategy, ECARX Group, Huayan Robotics, Kodiak AI, Swarmer, Volatus Aerospace, Palladyne AI, DOF Robotics and Seeing Machines.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $66M | ($8M) | 10.0x | - | (82.0x) | - | |||
| - | - | - | - | - | - | |||
| $848M | ($23M) | 1.1x | 0.9x | (40.7x) | 60.0x | |||
| $58M | ($4M) | 12.8x | 9.5x | (184.5x) | (3194.4x) | |||
| $4M | ($577M) | 233.9x | 98.7x | (1.5x) | (6.6x) | |||
| $310K | ($8M) | 1023.2x | 101.7x | (37.3x) | (29.1x) | |||
| $25M | ($8M) | 12.5x | 11.1x | (37.6x) | (38.6x) | |||
| $5M | ($27M) | 47.8x | 13.0x | (9.4x) | (7.8x) | |||
This data is available for Pro users. Sign up to see all AutoAI competitors and their valuation data. Start Free Trial | ||||||||
Common questions about AutoAI
| When was AutoAI founded? | AutoAI was founded in 2006. |
| Where is AutoAI headquartered? | AutoAI is headquartered in Beijing, China. |
| Is AutoAI publicly listed? | No, AutoAI is a private, VC-backed company. |
| What is AutoAI's valuation? | AutoAI was last valued at $570M in its strategic investment round in August 2024. |
| How much funding has AutoAI raised? | AutoAI has raised $198M across 2 funding rounds. |
| What was AutoAI's last funding round? | AutoAI's last funding round was a $94M strategic investment round in August 2024, led by DiDi. |
| Who are AutoAI's investors? | AutoAI's investors include DiDi, Advantech Capital, Bosch Ventures, Tencent, NavInfo, NIO Capital and MediaTek. |
| Which companies are comparable to AutoAI? | Companies comparable to AutoAI include UBtech Robotics, Roadstar.ai, Swift Navigation, Advanced Navigation, D-Robotics and Kodiak AI. |
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