Bibost Automotive Electronics Funding, Investors & Competitors

Bibost Automotive Electronics has raised $215M across 5 funding rounds, most recently a $102M Series B in April 2026.

Last Bibost Automotive Electronics funding round

$102M

Series B · Apr 2026

Cumulative funding Bibost Automotive Electronics raised

$215M

across 5 funding rounds

Key investors in Bibost Automotive Electronics

  • HSG
  • Dongfang Jiafu
  • Shanghai Baolong
  • Oriental Fortune Capital
  • Innoangel Fund
  • Puhua Capital
  • Addor Capital
  • Meridian Capital Asia

Bibost Automotive Electronics Overview

About Bibost Automotive Electronics

Bibost Automotive Electronics is a provider of intelligent chassis components and domain controllers for vehicles. It delivers autonomous driving services and technical solutions from its base in Shanghai. The company supplies core modules to electric vehicle manufacturers in China.


Founded

2021

HQ

ChinaBeijing

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Bibost Automotive Electronics Funding History

Bibost Automotive Electronics has raised a total of $215M across 5 funding rounds.

Bibost Automotive Electronics' first fundraising round was a $15M seed round in August 2022. The most recent completed round was a $102M Series B in April 2026.

Bibost Automotive Electronics funding rounds

Bibost Automotive Electronics funding rounds
DateStageInvestorsRaisedDeal Summary
Apr 2026Series BZhejiang Provincial New Energy Vehicle Industry Fund (lead); Shunchuang Industrial Investment Management Fund; Hangzhou Capital$102M-
Jan 2025Series BPuhua Capital; Dongfang Jiafu; Hang Lung Group; Shanghai Baolong$41MBibo (Shanghai) Automobile Electronics Co., Ltd., also known as Bibost or Bebest Automotive Electronics, specializes in intelligent chassis technologies, including chassis-by-wire systems essential for high-level automated driving. The company focuses on core components for smart chassis, positioning itself as a rising star in this field with years of technology accumulation. Baolong Automotive, one of the investors, is a global supplier of automotive air suspension and systems, collaborating with Bibost to promote intelligence and integration of chassis, accelerate localization of core components, and advance electronically controlled air suspension. On January 9, 2025, Bibost announced a funding round exceeding CNY 300 million, involving investors Shanghai Baolong Automotive Corporation (returning), Hangzhou Oriental Jiafu Asset Management Co., Ltd. (likely Dongfang Jiafu), Hallon Group (likely Hang Lung Group), Zhejiang Puhua Tianqin Equity Investment Management Co., Ltd. (likely Puhua Capital), and others. Baolong signed a strategic cooperation and investment agreement with Bebest (Bibost), leveraging Baolong's expertise in product R&D, quality control, supply chain, and overseas markets alongside Bibost's intelligent chassis innovations. Bibost aims to lead breakthroughs in core technologies for Chinese smart brands amid expected explosive growth in smart chassis.
Jan 2024Series AChengdu High-tech Ceyuan Capital (lead); Huaying Capital (lead); Meridian Capital Asia (lead); Shanghai Kechuang Jijin; Fengfan Venture Capital; Shanghai Baolong; HSG$28MBebest (Shanghai) Automotive Electronics Co., Ltd., known as BIBO, is a Chinese supplier of intelligent chassis solutions, focusing on full-stack brake-by-wire products, intelligent suspension, and steering systems. On January 22, 2024, BIBO completed its A+ funding round, raising over 200 million yuan, jointly led by Meridian Capital and Orinno Capital (likely corresponding to some listed investors), with participation from Fengfan Ventures, Shanghai Science and Technology Venture Capital (Group) Co., Ltd., Baolong Automotive, and existing investor Sequoia Capital China. This follows a 2023 A round, bringing cumulative financing over 400 million yuan. The funds will support mass production expansion of brake-by-wire products, R&D, and production of intelligent suspension and steering products to enable multi-dimensional chassis-by-wire delivery and cross-domain integrated control. BIBO's full-stack intelligent braking products have an annual production capacity of 2 million sets. Its second-generation integrated brake-by-wire system (BIBC 2.0), with dual-control EPB and BRM, is slated for mass production in mid-2024. BIBO has laid out core intelligent chassis components: electric redundant steering system (BEPS) and intelligent suspension air supply system (BAS) to enter mass production in 2024. Next-generation products like electronic-mechanical braking system (BEMB), steer-by-wire (BSBW), and chassis domain control unit (BCDU) are in testing, aiming for competitive full-stack chassis-by-wire solutions by 2025.
Apr 2023Series ADongfang Jiafu (lead); NIO Capital (lead); Addor Capital; Innoangel Fund; Oriental Fortune Capital; Atom Ventures; CWB Automotive$29M-
Aug 2022SeedHSG (lead); Highlight Capital$15MBibost (Shanghai) Automotive Electronics, also referred to as BIBO or Bebest, is a Chinese startup founded in 2021 specializing in intelligent chassis solutions, including brake-by-wire, intelligent braking, steering, suspension controllers, and domain controllers. The company operates R&D centers in Shanghai and Beijing, with a production base in Nantong, Jiangsu province, targeting the global automotive market with full-stack electronic control motion products. It competes with firms like Cummins, Valeo, UNO Minda, Schaeffler, and Faurecia. The company completed its first funding round, a Series A of $29 million, on August 25, 2022. Subsequent rounds included an A+ round in early 2024 raising over 200 million yuan (approximately $27-29 million), led by investors such as Meridian Capital, Orinno Capital, and Nio Capital, with participation from Baolong Automotive and Sequoia Capital China. A Series B round of around CNY 300 million followed later. Total funding across four rounds reached about $98 million by early 2025. BIBO achieved delivery of over 100,000 sets of brake-by-wire products in 2023, with core products like BIBC, BEBS, and BESC adopted by nearly 30 car models from more than 10 major automakers worldwide. Its Nantong manufacturing center supports an annual production capacity of 2 million sets of full-stack intelligent braking products, with second-generation systems slated for mass production in mid-2024. Funds from later rounds supported expansion of mass production, R&D for intelligent suspension and steering, and cross-domain chassis integration.

Who has invested in Bibost Automotive Electronics?

20 investors have backed Bibost Automotive Electronics across its funding rounds, including HSG, Dongfang Jiafu, Shanghai Baolong, Oriental Fortune Capital, Innoangel Fund and Puhua Capital.

Lead investors include Zhejiang Provincial New Energy Vehicle Industry Fund, Chengdu High-tech Ceyuan Capital, Huaying Capital, Meridian Capital Asia, Dongfang Jiafu and 2 other investors.


Bibost Automotive Electronics Investors

Investors in Bibost Automotive Electronics by funding rounds participated
InvestorHQRoundsRoleFirst check
Dongfang JiafuChinaHangzhou2LeadApr 2023
Shanghai BaolongChinaShanghai2ParticipantJan 2024
HSGHong KongHong Kong2LeadAug 2022
Addor CapitalChinaNanjing1ParticipantApr 2023
Innoangel FundChinaBeijing1ParticipantApr 2023
Meridian Capital AsiaSingaporeSingapore1LeadJan 2024
Huaying CapitalChinaShanghai1LeadJan 2024
Puhua CapitalChinaHangzhou1ParticipantJan 2025
Oriental Fortune CapitalChinaShenzhen1ParticipantApr 2023
Shanghai Kechuang JijinChinaShanghai1ParticipantJan 2024
Fengfan Venture CapitalChinaChina1ParticipantJan 2024
Zhejiang Provincial New Energy Vehicle Industry FundChinaHangzhou1LeadApr 2026
Highlight CapitalChinaNanjing1ParticipantAug 2022

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Bibost Automotive Electronics Competitors

Bibost Automotive Electronics competitors include listed companies like Mobileye, Tesla, General Motors and Denso, and private ones like Chenzhi Technology and Applied Intuition.

Public and private companies comparable to Bibost Automotive Electronics
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
MobileyeIsraelIsraelPublicly listed$1.9B$140M$6.8B2.7x
Chenzhi TechnologyChinaChongqingPrivate--$265M-
TeslaUnited StatesUnited StatesPublicly listed$95B$10B$1.4T13.8x
General MotorsUnited StatesUnited StatesPublicly listed$185B$15B$76B1.0x
DensoJapanJapanPublicly listed$48B$6.1B$31B0.7x
Applied IntuitionUnited StatesSan Francisco, CAPrivate$415M-$15B36.1x

Bibost Automotive Electronics Public Comps

Bibost Automotive Electronics is still privately-owned, but its public comps include Tesla, Eaton, Mitsubishi, Illinois Tool Works, General Motors, Mahindra & Mahindra, Heico, Denso, Bridgestone and Michelin.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Tesla$95B$10B15.0x13.8x140.8x97.4x
Eaton$27B$6.2B6.5x5.7x29.1x24.2x
Mitsubishi$122B$8.7B1.2x1.2x17.2x21.8x
Illinois Tool Works$16B$4.6B5.3x5.1x18.4x17.6x
General Motors$185B$15B1.0x1.0x12.1x8.5x
Mahindra & Mahindra$20B$4.1B2.4x3.0x11.9x21.7x
Heico$4.5B$1.2B8.5x7.2x31.2x25.2x
Denso$48B$6.1B0.7x0.7x5.2x5.5x

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Common questions about Bibost Automotive Electronics

When was Bibost Automotive Electronics founded?Bibost Automotive Electronics was founded in 2021.
Where is Bibost Automotive Electronics headquartered?Bibost Automotive Electronics is headquartered in Beijing, China.
Is Bibost Automotive Electronics publicly listed?No, Bibost Automotive Electronics is a private, VC-backed company.
How much funding has Bibost Automotive Electronics raised?Bibost Automotive Electronics has raised $215M across 5 funding rounds.
What was Bibost Automotive Electronics' last funding round?Bibost Automotive Electronics' last funding round was a $102M Series B in April 2026, led by Zhejiang Provincial New Energy Vehicle Industry Fund.
Who are Bibost Automotive Electronics' investors?Bibost Automotive Electronics' investors include Dongfang Jiafu, Shanghai Baolong, HSG, Addor Capital, Innoangel Fund, Meridian Capital Asia, Huaying Capital, Puhua Capital, Oriental Fortune Capital, Shanghai Kechuang Jijin and 10 others.
Which companies are comparable to Bibost Automotive Electronics?Companies comparable to Bibost Automotive Electronics include Mobileye, Chenzhi Technology, Tesla, General Motors, Denso and Applied Intuition.

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