# TONGYU AUTOMOTIVE funding: rounds and investors

> TONGYU AUTOMOTIVE has raised $71M across 1 round since 2023. Investors include GGV Capital, Shenzhen Capital Group Co. and Xiaomi. Every round with its source.

Source: https://millionrounds.com/company/tongyu-automotive (Millionrounds; every figure on the page links to its filing or article)

[Series B startup](https://millionrounds.com/companies)

# Who invested in *TONGYU AUTOMOTIVE*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Automotive & EVs

Funding summary Updated 26 Oct 2026

**$71M** raised across 1 round since 2023, from 1 source

- **Latest round:** Series B, $71M Dec 2023
- **Investors:** 4

See who backed them

## The rounds

- **Dec 2023** Series B **$71M** [GGV Capital](https://millionrounds.com/fund/ggv-capital) [Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) [Xiaomi](https://millionrounds.com/fund/xiaomi) [Cowin Capital](https://millionrounds.com/fund/cowin-venture-capital) Source recorded

## Everyone who backed them

[GGV Capital](https://millionrounds.com/fund/ggv-capital) VC firm **1** round

[Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) Government **1** round

[Xiaomi](https://millionrounds.com/fund/xiaomi) Investment firm **1** round

[Cowin Capital](https://millionrounds.com/fund/cowin-venture-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=tongyu-automotive).

## Quick answers about TONGYU AUTOMOTIVE

### Who invested in TONGYU AUTOMOTIVE?

TONGYU AUTOMOTIVE's investors include GGV Capital, Shenzhen Capital Group Co., Xiaomi and Cowin Capital.

### How much has TONGYU AUTOMOTIVE raised?

TONGYU AUTOMOTIVE has raised $71M across 1 round since 2023.

### When did TONGYU AUTOMOTIVE last raise?

TONGYU AUTOMOTIVE's most recent round was a Series B of $71M in Dec 2023.

### What was TONGYU AUTOMOTIVE's biggest round?

Its most recent round, $71M in Dec 2023, is also its largest on record.

### Who backed TONGYU AUTOMOTIVE first?

TONGYU AUTOMOTIVE's first round on record, in Dec 2023, was backed by GGV Capital, Shenzhen Capital Group Co. and Xiaomi and 1 others.

### What stage is TONGYU AUTOMOTIVE at?

TONGYU AUTOMOTIVE's latest named round is a Series B, in Dec 2023.

## Companies like TONGYU AUTOMOTIVE

In the same sector, and raised in the last eighteen months.

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