Tage Zhixing Funding, Investors & Competitors

Tage Zhixing has raised $200M across 8 funding rounds, most recently a Series D in April 2026.

Last Tage Zhixing funding round

Series D

Amount undisclosed · Apr 2026

Cumulative funding Tage Zhixing raised

$200M

across 8 funding rounds

Key investors in Tage Zhixing

  • Hefei Industry Investment Group
  • CHN Energy
  • Baotong Investment
  • GSR United Capital
  • Qianhai Fund of Funds
  • Yingke Capital
  • Lucion
  • Puxin Capital

Tage Zhixing Overview

About Tage Zhixing

Tage Zhixing is a Beijing-based high-tech enterprise specializing in unmanned driving technology for mining vehicles and complete solutions for autonomous mines. The company deploys car-ground-cloud collaborative systems with 4G connectivity for intelligent dispatching and fleet management. Tage implements electric haul trucks and loaders at coal and metal mines in Inner Mongolia and Shanxi province.


Founded

2016

HQ

ChinaBeijing

Website

i-tage.com

Status

Privately held

Customer focus

B2B

Revenue model

Product sales, Subscription

Tage Zhixing Funding History

Tage Zhixing has raised a total of $200M across 8 funding rounds.

Tage Zhixing's first fundraising round was a $4M Series A in March 2019. The most recent completed round was a Series D in April 2026.

Tage Zhixing funding rounds

Tage Zhixing funding rounds
DateStageInvestorsRaisedDeal Summary
Apr 2026Series DPuxin Capital; Anhui Wantong Technology; TONLY; Binhu Industry Group; Jiangsu Xineng Kechuang; Zhengneng Emerging Industry Fund--
Sep 2025Series CChizhou TAGE Intelligent Driving Yunchuang Fund (lead); Hangzhou Shengshi Yuheng Fund (lead)$28M-
Sep 2023Series CCHN Energy (lead); Hefei Industry Investment Group (lead); Tsingstone Capital; Shandong Luxin-Rio Visual Technology$55M-
Sep 2023Series CHefei Industry Investment Group (lead); Lucion; CHN Energy; Qingshi Asset Management Group; Buaa Holdings; Hefei Xincheng; Huangshan New Era Cultural Tourism Fund Management$55M-
Nov 2022Series CBaotong Investment; Wuxi Boton Technology$14M-
Aug 2021Series BYingke Capital (lead)$15MBeijing Tage Zhixing Technology (also referred to as Tage Zhixing) completed a $15 million venture financing round in August 2021 led by Yingke Capital (also listed as Yingke Investment). This was the largest disclosed venture deal in the cloud mining industry for 2021. The company operates in the cloud computing sector within mining.
Oct 2020Series BBaotong Investment (lead); Qianhai Fund of Funds (lead); Qingyan Venture Capital Management$30M-
Mar 2019Series AGSR United Capital (lead)$4M-

Who has invested in Tage Zhixing?

23 investors have backed Tage Zhixing across its funding rounds, including Hefei Industry Investment Group, CHN Energy, Baotong Investment, GSR United Capital, Qianhai Fund of Funds and Yingke Capital.

Lead investors include Chizhou TAGE Intelligent Driving Yunchuang Fund, Hangzhou Shengshi Yuheng Fund, CHN Energy, Hefei Industry Investment Group, Yingke Capital and 3 other investors.


Tage Zhixing Investors

Investors in Tage Zhixing by funding rounds participated
InvestorHQRoundsRoleFirst check
Baotong InvestmentChinaShanghai2LeadOct 2020
Hefei Industry Investment GroupChinaHefei2LeadSep 2023
CHN EnergyChinaBeijing2LeadSep 2023
GSR United CapitalChinaBeijing1LeadMar 2019
Hangzhou Shengshi Yuheng FundChinaChina1LeadSep 2025
Puxin CapitalChinaShanghai1ParticipantApr 2026
Yingke CapitalChinaFuzhou1LeadAug 2021
LucionChinaJinan1ParticipantSep 2023
Anhui Wantong TechnologyChinaHefei1ParticipantApr 2026
Qingshi Asset Management GroupChinaShenzhen1ParticipantSep 2023
Buaa HoldingsChinaBeijing1ParticipantSep 2023
TONLYChinaXianyang1ParticipantApr 2026
Hefei XinchengChinaHefei1ParticipantSep 2023

This data is available for Pro users. Sign up to see all 23 Tage Zhixing investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Tage Zhixing Competitors

Tage Zhixing competitors include listed companies like KPIT Technologies, Kodiak AI, Tesla and Autodesk, and private ones like NEURA Robotics and Zelos.

Public and private companies comparable to Tage Zhixing
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
NEURA RoboticsGermanyMetzingenPrivate--$7B-
ZelosChinaBeijingPrivate--$2B-
KPIT TechnologiesIndiaIndiaPublicly listed$673M$128M$1.6B2.2x
Kodiak AIUnited StatesUnited StatesPublicly listed$4M($577M)$768M98.7x
TeslaUnited StatesUnited StatesPublicly listed$95B$10B$1.4T13.8x
AutodeskUnited StatesUnited StatesPublicly listed$7.2B$1.8B$46B5.7x

Tage Zhixing Public Comps

Tage Zhixing is still privately-owned, but its public comps include Tesla, Stryker, Cadence Design Systems, General Motors, Autodesk, Constellation Software, Dassault Systemes, Unitree Robotics, Hexagon and Snap-on.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Tesla$95B$10B15.0x13.8x140.8x97.4x
Stryker$25B$6.3B4.7x4.5x18.8x15.6x
Cadence Design Systems$5.3B$1.8B14.8x13.0x44.3x27.3x
General Motors$185B$15B1.0x1.0x12.1x8.5x
Autodesk$7.2B$1.8B6.3x5.7x25.6x14.1x
Constellation Software$12B$2.5B4.0x3.5x18.5x12.9x
Dassault Systemes$7.2B$2.2B4.0x4.0x13.2x11.2x
Unitree Robotics$253M$55M118.8x-548.5x-

This data is available for Pro users. Sign up to see all Tage Zhixing competitors and their valuation data.

Start Free Trial

Common questions about Tage Zhixing

When was Tage Zhixing founded?Tage Zhixing was founded in 2016.
Where is Tage Zhixing headquartered?Tage Zhixing is headquartered in Beijing, China.
Is Tage Zhixing publicly listed?No, Tage Zhixing is a private, VC-backed company.
How much funding has Tage Zhixing raised?Tage Zhixing has raised $200M across 8 funding rounds.
What was Tage Zhixing's last funding round?Tage Zhixing's last funding round was a Series D in April 2026.
Who are Tage Zhixing's investors?Tage Zhixing's investors include Baotong Investment, Hefei Industry Investment Group, CHN Energy, GSR United Capital, Hangzhou Shengshi Yuheng Fund, Puxin Capital, Yingke Capital, Lucion, Anhui Wantong Technology, Qingshi Asset Management Group and 13 others.
Which companies are comparable to Tage Zhixing?Companies comparable to Tage Zhixing include NEURA Robotics, Zelos, KPIT Technologies, Kodiak AI, Tesla and Autodesk.

See companies similar to Tage Zhixing

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial