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Neolix completes nearly $400 million Series E, cumulative funding exceeds 10 billion yuan

Neolix, an L4 autonomous delivery vehicle company, announced the completion of a nearly $400 million (about 2.68 billion yuan) Series E round, co-led by Boyu Capital and a certain national-level fund, with participation from Alibaba's AEF NextGen Hong Kong fund and others, bringing cumulative funding past 10 billion yuan. The funds will be used to build a global operations network and develop an end-to-end autonomous driving large model. Neolix's unmanned vehicle fleet now exceeds 30,000 units, covering nearly 20 countries and more than 300 cities worldwide, with cumulative driving mileage exceeding 260 million kilometers.

Part of the event: Neolix Completes Nearly $400 Million Series E Funding, Targets Overall Profitability by 2027

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