In October 2023, Shanghai TOSUN Technology Ltd. successfully completed over 100 million yuan A+ round of financing. This round of financing was led by the second phase of Advanced Manufacturing Industry Investment Fund managed by China Investment Merchants, and followed by the old shareholders of Fengnian Capital over investment.
This round of financing will be used for product development and globalized market expansion.
About TOSUN
Since its establishment in 2017, TOSUN has prioritized the development of domestically controlled fundamental toolchain products for automotive electronics, positioning itself as a leading Chinese brand in this industry. TOSUN's primary software, TSMaster, and its associated hardware offer essential features such as embedded code generation, automotive bus analysis, simulation, testing, diagnostics, and calibration. These tools cover the entire range of activities involved in automotive vehicle and component development, testing, production, experimentation, and after-sales support.
There are more than 5,000 corporate users worldwide, covering: automotive OEMs, component suppliers, chip makers, equipment/service providers, engineering machinery, aerospace and other fields.
The company's headquarters is located in Tongji University National University Science Park in the Jiading district of Shanghai. Additionally, the company has branch offices in Guangzhou, Beijing, Changchun, Chengdu, Taipei, and Germany(Stuttgart).
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