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
Investors
Ranked
10th among 154 active competitors
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 | - | - |
View details of Banma Network Technology's funding rounds and investors
Banma Network Technology's founders and board of directors
Founder? Claim ProfileBanma 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sonatus 2018, Sunnyvale (United States), Series B | Developer of software-defined vehicle technologies, including AI-powered diagnostic and data solutions | $110M | 64/100 | |
2nd | Sibros 2018, San Jose (United States), Series B | Developer of end-to-end connected vehicle ecosystem | $94.5M | 63/100 | |
3rd | Viaduct 2018, Menlo Park (United States), Acquired | Provider of AI-driven vehicle telematics solution | $21M | 62/100 | |
4th | Aeris 1992, Santa Clara (United States), Series B | Platform offering IoT solutions including connectivity, security, and device management | $30M | 61/100 | |
5th | Aurora Labs 2016, Tel Aviv (Israel), Series C | AI-enabled remote software for connected vehicles | $97.1M | 60/100 | |
6th | Motor Q 2016, San Francisco (United States), Series B | AI and Cloud-enabled data and analytics platform for connected vehicles | $49M | 57/100 | |
7th | Wejo 2013, Tattenhall (United Kingdom), Public | Tech-enabled platform offering data platform for connected cars | $160M | 57/100 | |
8th | Provider of solutions for development, testing, and validation of embedded systems | $735K | 57/100 | ||
9th | Vinli 2014, Dallas (United States), Acquired | Connected car data platform transforming mobility with insights and innovative solutions | $21M | 57/100 | |
10th | Banma Network Technology 2015, Shanghai (China), Series B | Connected car platform | $698M | 56/100 |
Looking for more details on Banma Network Technology's competitors? Click here to see the top ones
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
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
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Si Luo, former chief scientist of DAMO Academy, joins automotive technology unicorn BanmaDonews•Oct 11, 2024•Banma Network Technology, Salesforce
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Banma Selects Cerence to Bring Conversational AI to China’s Largest OEMsGlobeNewswire•Apr 18, 2023•Cerence, Banma Network Technology, FAW Group Corporation
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Banma Zhixing: Self-developed intelligent driving operating system kernel has obtained the highest level of automotive functional safety certification36Kr•Feb 24, 2022•Banma Network Technology
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Banma Technologies lands $465mGlobal Corporate Venturing•Jul 15, 2021•SDIC, Yunfeng Capital, SAIC Motor, Alibaba and 1 other
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Four major shareholders including SAIC Motor Co., Ltd. jointly increased the capital of Zebra Zhixing by 3 billion yuan36Kr•Jul 14, 2021•Banma Network Technology, Alibaba Group, SAIC Motor, SDIC and 1 other
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Zebra Zhixing released the Tianbao AI platform, revealing the progress of in-vehicle AI for the first time36Kr•Jul 10, 2021•Banma Network Technology
•
RoboSense LiDAR Partners with Banma and AutoX on High-Level Autonomous Driving PlatformFinancial Post•Apr 21, 2021•RoboSense, Zebra Zhixing, Banma Network Technology, AutoX
•
Zebra Network strategic reorganization completed, will open the next round of financingiYiou•May 11, 2020•Banma Network Technology, AliOS
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