When was PATEO founded?

PATEO was founded in 2009 and raised its 1st funding round 6 years after it was founded.

Where is PATEO located?

PATEO is headquartered in Shanghai, China.

Is PATEO a funded company?

PATEO is a funded company, having raised a total of $639M across 13 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 16, 2015.

When was the latest funding round of PATEO?

PATEO's latest funding was a $***** Series D round on Mar 26, 2024, with participation from 0 investor.

Where does PATEO rank among its competitors?

PATEO ranks 5th amongst 170 active competitors, of which 38 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Aeluma, which secured $30M in Jul, 2026.

Who are the top competitors of PATEO?

PATEO's top competitors include Ouster, Aeva and Luminar Technologies. Among them, Aeluma secured the most recent funding round in July, 2026.

PATEO - 2026 Company Profile, Team, Funding & Competitors

Company Details

Pateo providesSaas & AI enabled infotainment solutions for connected vehicles. It offers products that include connected car solutions packages for automotive OEMs including infotainment systems with related hardware and cloud-based telematics services. It has developed a smart car platform for OEMs to develop their infotainment dashboards and provide connected car services. It also has aftermarket products.

Key Metrics

Founded Year

2009

Location

Shanghai, China

Stage

Public

Total Funding

$639M in 13 rounds

Latest Funding Round

Series D, Mar 26, 2024, $*****

Investors

Suning Holdings Group & 13 more

Ranked

5^th among 170 active competitors

Investment & Acquisitions

Haojie & 1 more

Similar Companies

Ouster & 232 more

Exit Details

Public

View PATEO's full profile

PATEO got listed on Sep 30, 2025.

Click here to take a look at PATEO's IPO in detail

PATEO has raised a total funding of $639M over 13 rounds. Its first funding round was on Nov 16, 2015. PATEO has 14 institutional investors.

Here is the list of recent funding rounds of PATEO:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 26, 2024	6767081	Series D	9270913	6130993	8254055	3607832
Nov 11, 2022	3466416	Series C	1658742	1217804	7874991	ryanfund.com.cn
Jun 27, 2022	1478812	Series C	7964357	5524853	9967694	Shanghai Guosheng Group & 2 more

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View details of PATEO's funding rounds and investors

The founders of PATEO is Ken Ying.

Here are the details of PATEO's key team members:

Ken Ying: Founder & CEO of PATEO.
Contact Info: 1 email address

View details of PATEO's Founder profiles and Board Members

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Top competitors of PATEO include Ouster, Aeva and Luminar Technologies. Here is the list of Top 10 competitors of PATEO, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ouster 2015, San Francisco (United States), Public	Manufacturer of lidar sensors, perception software, and solutions for autonomy	$140M	Runway Growth Capital, Tao Capital Partners ... & 12 others	76/100
2nd	Aeva 2016, Mountain View (United States), Public	Provider of LiDAR-based sensors for autonomous vehicles	$560M	Canaan, Porsche Se & 5 others	71/100
3rd	Luminar Technologies 2012, Orlando (United States), Acquired	Developer of LiDAR-based sensors for autonomous vehicles	$306M	Canvas Ventures, GVA Capital & 31 others	71/100
4th	Hesai Technology 2014, Shanghai (China), Public	Developer of LiDAR-based sensors for autonomous vehicles	$599M	Xiaomi, Baidu Ventures & 20 others	70/100
5th	PATEO 2009, Shanghai (China), Public	Saas & AI enabled infotainment solutions for connected vehicles	$639M	Ping An, Shanghai Guosheng Group & 12 others	69/100
6th	Quanergy Com 2012, Sunnyvale (United States), Public	Provider of AI-driven LiDAR sensing solutions	$160M	Motus Ventures, Rising Tide Fund & 30 others	66/100
7th	RoboSense 2014, Shenzhen (China), Public	Developer of perception solutions, LiDAR sensors, and robotic hand-eye coordination	$45M	SAIC Motor, Cainiao & 20 others	64/100
8th	Borqs 2007, Santa Clara (United States), Acquired	Developer of cloud and IoT-based embedded software & hardware solutions	$32.6M	Qualcomm Ventures, Keytone Ventures & 7 others	64/100
9th	Voyant Photonics 2017, New York City (United States), Series A	Manufacturer of 3D sensing chip based on CMOS	$23M	UP.Partners, Contour Venture Partners & 4 others	62/100
10th	Aeluma 2020, Goleta (United States), Public	Provider of LiDAR-based sensors	$8M	Montrose Capital Partners, U.S. Department of Commerce ... & 5 others	62/100