尚元智行

TEEMO Completes Series A Funding, Strategically Transforms into a Scenario-Empowerment Platform for Autonomous Driving

2025-10-31
Recently, TEEMO completed a new round of Series A funding totaling nearly 100 million RMB, led by Furon Investment, with follow-on investment from Wuxi Venture Capital. This round of funding will be primarily used for the generational upgrade of its intelligent skateboard chassis and the construction of an open autonomous driving ecosystem platform, injecting new momentum into TEEMO's next phase of rapid growth.

As a leading provider of intelligent skateboard chassis in the industry, TEEMO has become a trusted partner for multiple top-tier autonomous vehicle technology companies, leveraging its excellence in core drive-by-wire components, full drive-by-wire chassis, and complete autonomous vehicle solutions. Based on a deep understanding of market demands, the company has officially initiated a strategic upgrade: evolving from a "core technology infrastructure for autonomous driving" into a "full-stack scenario-empowerment platform for autonomous driving."

Feng Shu, Founder and CEO of TEEMO, stated: *"The next decade of autonomous driving belongs to end-scenario operators. They have rich, high-demand, and monetizable scenarios but lack the capability to define complete vehicles. Meanwhile, some customers with self-development capabilities, if they still start from the ground up, will miss the golden opportunity window. Leveraging the modular advantages of its intelligent skateboard chassis, TEEMO will launch a matrix of Type I, Type II, and Type III chassis — enabling scenario-rich customers to 'build vehicles with one click,' allowing algorithm-focused teams to 'focus on the upper layers,' and empowering operation-capable partners to 'expand asset-light.' Together, we will bring L4 technology into every industry."*

According to TEEMO's cloud platform statistics, the company has delivered over 7,000 intelligent skateboard chassis to the industry and accumulated over 35 million kilometers of L4 autonomous driving mileage, positioning it as one of the top players in the L4 sector.

Dr. An Qiao of Furon Investment commented: "Furon Investment continues to focus on 'hard tech + real scenarios.' The TEEMO team has demonstrated both deep technical expertise and outstanding industry insight, achieving a three-stage leap from self-developed core components and complete vehicle manufacturing to full-stack solution delivery. Each step of its development has been supported by solid technological iteration and commercial validation. This strategic upgrade not only strengthens its existing ecosystem partnership foundation but also successfully opens up new incremental market space, showcasing the classic growth DNA and development potential of a platform-driven enterprise."

 

Wang Guodong, Assistant President of Wuxi Venture Capital, commented: "Urban autonomous delivery is the most explosive sub-segment in the low-speed L4 space. With its dual-engine of 'ultimate performance + ultimate delivery,' TEEMO has become a de facto benchmark in this scenario, which is the fundamental logic behind our investment decision. The TEEMO team possesses strong strategic focus and engineering resilience — letting their products speak and their deployments prove — empowering the entire industry to achieve rapid implementation."

This round of funding represents strong recognition from the capital market of TEEMO's long-term strategic focus and technical capabilities. As a rare enterprise in the industry with full-stack, end-to-end capabilities, TEEMO will play a cornerstone role as a "core technology infrastructure" as L4 autonomous driving evolves from single-point pilots to full-scale deployment — driving transformative industry progress and bringing more positive energy to the intelligent driving industry.

Looking ahead, TEEMO will continue to partner with more industry leaders and ecosystem partners to achieve large-scale deployment and commercial闭环 of autonomous driving technology across all industries, jointly drawing an open and win-win "autonomous driving + scenario" business blueprint.

● About TEEMO ●

TEEMO is a technology innovation enterprise focused on skateboard chassis technology for autonomous vehicles. With its roots in drive-by-wire technology, TEEMO possesses full-chain R&D and manufacturing capabilities, from core components and intelligent chassis to complete vehicle production. Through its strategic upgrade, the company has now formed a dual-engine business model — "execution foundation" + "scenario empowerment" — committed to becoming a world-leading scenario-empowerment platform for autonomous driving.