Abup Asset Profile

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

Year established

2017

Location

Shanghai China

Primary Industry

Automobiles, Other Vehicles & Parts

About

Established in 2017 and based in Shanghai, China, Abup is an automotive technology company that provides big data services, OTA products, and related solutions, which has been recognized as a national dual-soft enterprise and a high-tech enterprise. As of 2023, the team has more than 160 employees and more than 80% of R&D staff. The subsidiaries and offices are located in Beijing, Shenzhen, Hefei, and Chongqing. In 2020, it promoted Open-FOTA solutions and cooperated with ST and Guanghetong. The company owns 7 relevant patents and 37 software copyrights in the field of OTA and has acquired the international software CMMI-3 level certification and ISO9001:2015 quality certification. In December 2023, Abup raised strategic investment for approximately CNY 100 million. The company's products include the OTA cloud platform, which is subdivided into SOTA (automotive software upgrade), FOTA (automotive hardware upgrade), DOTA (intelligent cloud diagnostics), and VSP (automotive software management platform). The company's OTA products are mainly oriented to the automotive industry and can provide vehicle owners with application services for in-vehicle controls such as audio-visual entertainment, seat massage, ambient lighting, etc., as well as remote upgrade services for software and hardware of the car's engine and battery management system.

Current Investors

Cathay Capital, Shanghai Zhangjiang Science & Technology Venture Capital, MediaTek Ventures

Request a demo to show more

Primary Industry

Automobiles, Other Vehicles & Parts

Sub Industries

Automobiles, Other Vehicles & Parts, Web Applications, Analytics & Performance Software, Software

Website

www.abupdate.com

Verticals

Artificial Intelligence, Big Data, Cloud Computing, IoT (Internet of Things), Mobile Apps

Company Stage

Series B

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.