RITS (China) Overview
- Year Founded
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2019
- Status
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Private
- Employees
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70
- Latest Deal Type
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Series A
- Latest Deal Amount
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$14M
- Investors
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6
RITS (China) General Information
Description
Developer of an intelligent driverless technology designed for commercial vehicles. The company is committed to the research and development and promotion of intelligent driverless technology (including advanced assisted driving technology) and traffic operation big data services, enabling clients with intelligent driverless systems.
Contact Information
Website
www.racoits.comCorporate Office
- 6th Floor, Building 5, National Defense Science and Technology Park
- Beijing Institute of Technology, Haidian District
- Beijing, 100081
- China
Corporate Office
- 6th Floor, Building 5, National Defense Science and Technology Park
- Beijing Institute of Technology, Haidian District
- Beijing, 100081
- China
RITS (China) Timeline
RITS (China) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Early Stage VC (Series A) | 06-Mar-2024 | $14M | Completed | Generating Revenue | ||
| 1. Early Stage VC | 13-Oct-2021 | Completed | Generating Revenue |
RITS (China) Related Research & Analysis
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Verticals
RITS (China) Executive Team (1)
| Name | Title | Board Seat |
|---|---|---|
| Xuemei Chen Ph.D | Chairman & Founder |
RITS (China) Board Members (1)
| Name | Representing | Role | Since |
|---|---|---|---|
| Xuemei Chen Ph.D | RITS (China) | Chairman & Founder |
RITS (China) Signals
Growth Rate
Growth
Size Multiple
Key Data Points
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Majestic Referring Domains
RITS (China) Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| AMT Capital | Venture Capital | Minority | ||
| Beijing Zhongguancun Venture Capital Development | Corporate Venture Capital | Minority | ||
| BSTIG | Venture Capital | Minority | ||
| China Capital Management | Growth/Expansion | Minority | ||
| Zhongguancun Development Venture Capital Fund | Corporate Venture Capital | Minority |
RITS (China) FAQs
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When was RITS (China) founded?
RITS (China) was founded in 2019.
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Who is the founder of RITS (China)?
Xuemei Chen Ph.D is the founder of RITS (China).
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Where is RITS (China) headquartered?
RITS (China) is headquartered in Beijing, China.
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What is the size of RITS (China)?
RITS (China) has 70 total employees.
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What industry is RITS (China) in?
RITS (China)’s primary industry is Operating Systems Software.
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Is RITS (China) a private or public company?
RITS (China) is a Private company.
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What is RITS (China)’s current revenue?
The current revenue for RITS (China) is .
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How much funding has RITS (China) raised over time?
RITS (China) has raised $14M.
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Who are RITS (China)’s investors?
AMT Capital, Beijing Zhongguancun Venture Capital Development, BSTIG, China Capital Management, and Zhongguancun Development Venture Capital Fund are 5 of 6 investors who have invested in RITS (China).
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