JDO recently announced the completion of a new strategic financing round of more than RMB 100 million, with participation from Huamintou, Zhangke Yaokun, Jinyu Maowu, and Dianliang Capital. The funds will support AI innovation, research on JDO's automotive AI system, expansion into further AI application areas, and its global plans. JDO sees the investment as renewed recognition of its technology and prospects in automotive AI from industry and capital markets.
Based in Zhangjiang AI Innovation Town in Shanghai, JDO is an AI technology company centered on domain-specific multimodal large models and agent technology. It is recognized as a national high-tech enterprise, a Shanghai-based specialized and innovative enterprise, and a Shanghai Science and Technology Little Giant enterprise. Its accumulated intellectual property, including invention patent applications and software copyrights, exceeds 500 items.
In the AI-defined vehicle era, JDO has developed its JDO Canghai large AI model and completed a filing with the relevant Chinese authorities. It has built an on-device–cloud system around AIOS, AI Agent, and AI Cloud to provide AI solutions and full-lifecycle services to automakers. Together with strategic partner Zhipu AI and China UnionPay, JDO announced what the companies described as the world's first cockpit-native payment Agent. They said the system links vehicle-use and travel services into a continuous experience, from a request through to completion.
To date, JDO has worked with more than 30 automakers in China and overseas, including Audi, BMW, Porsche, Mercedes-Benz, Volkswagen, Toyota, Nissan, Honda, Hyundai, Renault, Ford, SAIC, GAC, Geely, Great Wall Motor, Avatr, Voyah, Xiaomi, Tata, and Mazda. More than 15 million vehicles are in volume production and operation using its products, while signed projects cover more than 40 million vehicles. JDO has more than 400 ecosystem partners and describes its consumer data business as an industry leader. Revenue grew at a compound annual rate of nearly 70% over the past five years, and the company reports sustained profitability. Its investors include Tongchuang Weiye, Qualcomm, Jiantou Capital, and Suchuangtou, among other institutions.
JDO will make its automotive AI system a research priority in its next stage. Drawing on world models and physical AI, it aims to develop multimodal perception, interaction, and function execution inside and outside the cockpit. The proposed system would combine vehicle-wide adaptive perception with interaction and end-to-end execution, coordinating functions and services across vehicle domains based on user needs and driving context. JDO's goal is a proactive, vehicle-wide AI experience capable of understanding users and carrying out complex tasks across use cases.
JDO is also accelerating its global plans. It is adapting its solutions and delivery capabilities to languages, driving habits, and service ecosystems in different regions to support automotive AI applications in more markets. Since the beginning of this year, JDO has won more than 70 new projects across China, Japan, South Korea, Southeast Asia, Europe, Australia, and the Middle East. Winning and delivering projects in China and overseas provides a basis for continued AI development and commercialization.
In this round, JDO received support from several industry and market-oriented investment institutions, providing funding for its next phase of technology development and market expansion.
Huamintou is an investment institution in China. Its reported honors include a place among China's top 10 growth equity investment institutions, the top 20 Chinese investment institutions for market influence and organizational capabilities, and the top 50 pioneering technology investment institutions. It focuses on hard technology aligned with national priorities, including AI, semiconductors and computing infrastructure, new energy, and new materials.
Huamintou said: “We look at how AI can connect industry resources to create a more complete service experience for users. JDO connects automakers, users, and content and service partners, creating an ecosystem of cooperation across different driving situations. We are optimistic about its work with industry partners to develop automotive AI applications and extend the value of ongoing services to users throughout the vehicle lifecycle.”
The Zhangke Yaokun Fund, also known as the Pudong Big Data Fund, is a venture capital fund initiated and managed by Zhangjiang Science & Technology Investment. It was established with the Pudong Science and Technology Innovation Investment Fund of Funds, Weisheng Shanghua, and other industry investors. It focuses on hard technology and strategic emerging industries, including integrated circuits, AI, robotics, and advanced manufacturing.
Zhangke Yaokun said: “We value JDO's independent innovation and systematic technical experience in intelligent automotive cockpits. Based on its own JDO Canghai large AI model, JDO combines multimodal perception, agents, and on-device–cloud collaboration, with ongoing development in real automotive settings. We support JDO's efforts to accelerate research on its automotive AI system and use technical innovation to improve the driving experience.”
Jinyu Maowu is a venture capital firm focused on strategic emerging industries. In 2025, Zero2IPO ranked it 23rd among Chinese venture capital institutions. It has also been named among the top 10 exit institutions, 18th for VC fund returns, the top 10 fundraising and direct-investment institutions, the top 10 investors in specialized and innovative enterprises, the top 10 investors in new materials, the top 10 investors in clean technology, the top 10 investors in semiconductors, the top 20 outstanding AI investors, the top 20 investors in aerospace, the top 30 investors in advanced manufacturing, and the top 30 investors in healthcare. Its other reported honors include recognition as a leading venture capital brand in Jiangsu Province, an outstanding venture capital team in Jiangsu Province, and one of Nanjing's top 10 venture capital institutions.
Jinyu Maowu said: “We see long-term potential in JDO's research on an automotive AI system built around domain-specific automotive large models and agent technology. Its experience operating products in production vehicles in China and overseas provides a basis for technical development and applications across platforms. We look forward to JDO working with industry partners to turn automotive experience into reusable AI capabilities and gradually explore more intelligent devices.”
Dianliang Capital is a venture capital firm focused on technology. With a stated aim of discovering and supporting disruptive innovation, it invests in AI and robotics, intelligent manufacturing, chip design, and other hard technology fields. Its reported honors include a Best Angel Investor award from the Shanghai Angel Investor Alliance, a place among the Hurun China Tour's 36 emerging venture capital firms, and a top-30 early-stage fund return ranking at the China Fund of Funds Summit.
Dianliang Capital said: “As an early JDO shareholder, we value the team's understanding of user needs and its ability to put innovation into practice. The cockpit-native payment Agent reflects its continued work in real-world use cases. We look forward to JDO building on its automotive experience to explore AI applications in more intelligent devices.”
Following the financing, JDO plans to continue research on its automotive AI system, improve its ability to adapt across platforms and deliver globally, and deepen open collaboration with automakers and industry partners. Drawing on its technical and commercial experience in automotive applications, it aims to develop models, agents, and ecosystem services together while exploring autonomous vehicles, embodied-intelligence robots, and other intelligent devices and use cases.