Neolix raises over $600 million Series D funding round
Neolix raised over $600 million in Series D financing to support autonomous delivery vehicle technology, products, service network and global expansion.
Evidence notes
- Stone Venture led the round, with Gaocheng Capital, CITIC Capital, CDH, Sparkedge Capital and Beijing AI Fund among the participants.
- Neolix allocated the financing to autonomous-driving algorithms, product development, its service network and global expansion.
- The company described the transaction as the largest private fundraising in China's autonomous-driving sector at the time.
Company context
Neolix builds and deploys L4 autonomous delivery vehicles for urban logistics, including last-mile RoboVan systems and higher-capacity delivery platforms.