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Banma Network Technology - About the company

Banma Network Technology is a series B company based in Shanghai (China), founded in 2015. It operates as a Connected car platform. Banma Network Technology has raised $698M in funding from investors like Alibaba Group, SAIC Motor and SDIC, with a current valuation of $1B. The company has 154 active competitors, including 37 funded and 29 that have exited. Its top competitors include companies like Sonatus, Sibros and Viaduct.

Sectors and market segments that Banma Network Technology operate in

Banma Network Technology serves in the Internet of Things - Industry Applications, Auto Tech, Native AI market segments.The primary business model of Banma Network Technology are:

Company Details

Zebra Zhixing, a joint venture of Alibaba Group and SAIC Motor, has developed a connected car operating system named 'Banma'. Facilitates AR navigation, human-machine interaction, and internet connectivity & services in the vehicle as well as automates various vehicle functionalities such as engine start, vehicle diagnosis, lightings, seat adjustment, and more.
Website
ebanma.com
Email ID
*****@hellobanma.com
Phone Number
+86 **********
Key Metrics
Founded Year
2015
Location
Shanghai, China
Stage
Series B
Total Funding
$698M in 2 rounds
Latest Funding Round
Post Money Valuation
$1B as on Jul 15, 2021
Ranked
Employee Count
201 as on Aug 31, 2026
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Banma Network Technology's funding and investors

Banma Network Technology has raised a total funding of $698M over 2 rounds. Its first funding round was on Sep 13, 2018. Its latest funding round was a Series B round on Jul 14, 2021 for $464M. 4 investors participated in its latest round. Banma Network Technology has 5 institutional investors.

Here is the list of recent funding rounds of Banma Network Technology:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 14, 2021
$464M
Series B
$1B
-
Sep 13, 2018
$234M
Series A
-
-
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Banma Network Technology's founders and board of directors

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Banma Network Technology's employee count trend

Banma Network Technology has 201 employees as of Aug 26. Here is Banma Network Technology's employee count trend over the years:
Employee count trend for Banma Network Technology
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Banma Network Technology's Competitors and alternates

Top competitors of Banma Network Technology include Sonatus, Sibros and Viaduct. Here is the list of Top 10 competitors of Banma Network Technology, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Sonatus
Sonatus
2018, Sunnyvale (United States), Series B
Developer of software-defined vehicle technologies, including AI-powered diagnostic and data solutions
$110M
64/100
2nd
Logo for Sibros
Sibros
2018, San Jose (United States), Series B
Developer of end-to-end connected vehicle ecosystem
$94.5M
63/100
3rd
Logo for Viaduct
Viaduct
2018, Menlo Park (United States), Acquired
Provider of AI-driven vehicle telematics solution
$21M
62/100
4th
Logo for Aeris
Aeris
1992, Santa Clara (United States), Series B
Platform offering IoT solutions including connectivity, security, and device management
$30M
61/100
5th
Logo for Aurora Labs
Aurora Labs
2016, Tel Aviv (Israel), Series C
AI-enabled remote software for connected vehicles
$97.1M
60/100
6th
Logo for Motor Q
Motor Q
2016, San Francisco (United States), Series B
AI and Cloud-enabled data and analytics platform for connected vehicles
$49M
57/100
7th
Logo for Wejo
Wejo
2013, Tattenhall (United Kingdom), Public
Tech-enabled platform offering data platform for connected cars
$160M
57/100
8th
Logo for Vector
Vector
1988, Stuttgart (Germany), Early Stage
Provider of solutions for development, testing, and validation of embedded systems
$735K
57/100
9th
Logo for Vinli
Vinli
2014, Dallas (United States), Acquired
Connected car data platform transforming mobility with insights and innovative solutions
$21M
57/100
10th
Logo for Banma Network Technology
Banma Network Technology
2015, Shanghai (China), Series B
Connected car platform
$698M
56/100
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Banma Network Technology's Investments and acquisitions

Banma Network Technology has made no investments or acquisitions yet.

Reports related to Banma Network Technology

Here is the latest report on Banma Network Technology's sector:

News related to Banma Network Technology

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Media has covered Banma Network Technology for a total of 2 events in the last 1 year, 2 of them have been about company updates.
•
Alipay launches AI agent payments in ChinaTech in Asia•Apr 21, 2026•Alipay, Banma Network Technology
•
Alibaba-backed Chinese smart car firm Banma plans HK IPOTech in Asia•Aug 21, 2025•Banma Network Technology
•
Banma Technologies lands $465mGlobal Corporate Venturing•Jul 15, 2021•SDIC, Yunfeng Capital, SAIC Motor, Alibaba and 1 other
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