Gloubo Technology Completes Over 600 Million Yuan C++ Round Financing and Launches Series D Financing

Recently, brake-by-wire chassis supplier Global Technology announced the completion of over RMB 600 million in C++ round financing, bringing its cumulative C round funding to more than RMB 1.1 billion. The company has now officially launched its D round of financing. This round was joined by investment institutions including Zhonghui Capital, Jinhua Venture Capital, Kaiyuan Sichuang, Orient Securities Capital, Guofeng Investment, and Lloyd. The proceeds will be used for production line expansion, product iteration, and domestic and overseas market development, while strengthening collaboration with OEMs and local industrial resources. Founded in 2016, Global Technology focuses on brake-by-wire and intelligent chassis technologies and has achieved independent R&D and production of components such as solenoid valves, hydraulic control units (HCU), and electronic control units (ECU). Its products have been supplied to automakers including Chery, Geely, Seres, Dongfeng, and Cowin. According to Global Technology, products including EPB, ABS, ESC, and GIBC (Onebox) have achieved volume installation. Among them, monthly orders for GIBC exceed 30,000 units, monthly shipments of brake assemblies exceed 15,000 sets, and the company's order backlog exceeds RMB 2 billion. On the capacity front, Global Technology plans to put its fourth GIBC production line into operation in mid-2027, with a planned annual capacity of 1.2 million units. In terms of next-generation technology, Global Technology is advancing R&D on electro-mechanical braking (EMB) and chassis domain controllers. EMB has completed multiple rounds of winter and summer real-vehicle calibration and validation, and 18 customer projects are currently under development.