· 3 sources · Updated · Verified
Gelubo Raises More Than $90M Series C++ for Intelligent Chassis
Chinese automotive supplier Gelubo announced more than $90 million in Series C++ funding on November 2, 2026; its total Series C financing exceeded $165 million.
Editorial team
What happened
Chinese automotive supplier Gelubo announced more than $90 million in Series C++ funding on November 2, 2026; its total Series C financing exceeded $165 million.
The company and market
Gelubo supplies electronically controlled braking, steering and other intelligent vehicle chassis systems.
Financing, ownership and investors
Reported backers include Zhonghuijin, Jinhua Venture Capital and Orient Securities Capital. The financing supports R&D, manufacturing capacity and internationalization.
Product, technology and operating milestones
Chassis-by-wire components can become more important as advanced driver-assistance and vehicle automation increase requirements for precise electronic control.
Why this matters for venture capital
For funding databases, the latest financing and cumulative financing must be kept separate. Adding $90M to the reported $165M cumulative sum would double-count investment.
What remains unverified
'More than' indicates a lower bound and the amount is not an exact disclosed number. Investor participation details may vary across Chinese sources.
Key facts
- Company
- Gelubo
- Announcement date
- 2026-11-02
- Classification
- Startup venture financing
- Evidence
- Primary or dated specialist reporting, linked in VCT's source section
Related VCT coverage
Review the linked startup profile and canonical investment event for funding history, investor relationships and corrected event dates. The company-reported claims above are distinguished from independently verified transaction facts.
Currency conversion
The USD equivalent uses the European Central Bank reference exchange rates from October 30, 2026, the most recent published fixing before the November 2 announcement. Amounts are rounded, and company-reported qualifiers such as 'about' or 'more than' are preserved; these are not separately disclosed USD-denominated transactions.
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Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.