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Notable deals
| Company | Industry | Round Size | Date | Investors | Location |
Qitan Technology | $108M | 23 Dec 2022 | Qingyang District, Sichuan, China | ||
Sunwoda Electric Vehicle Battery | $927M | 17 Aug 2022 | Shanghai, Shanghai, China | ||
Mech-Mind | $820M | 20 Jun 2022 | Dongcheng District, Beijing, China | ||
ROBOT++ | $15M | 23 May 2022 | Haidian District, Beijing, China | ||
VisionNav Robotics | $77M | 29 Apr 2022 | Futian District, Guangdong Province, China | ||
FAIR | $50M | 09 Mar 2022 | Suzhou, Jiangsu, China | ||
Inceptio Technology | $188M | 28 Feb 2022 | Shanghai, China | ||
Axera | $123M | 17 Jan 2022 | Haidian District, Beijing, China | ||
Dazao Technology | 06 Jan 2022 | Guangzhou, Guangdong, China |
– Inceptio Technology is a Shangai, China-based autonomous driving truck technology and operating company.
– Company closed a US$270m Series B equity financing.
– The round was led by JD Logistics (02618.HK), Meituan (03690.HK), and PAG with participation from Deppon Express (603056.SH), IDG Capital, CMB International, SDIC, Mirae Asset, Eight Roads, and Broad Vision Funds, as well as existing shareholders GLP Hidden Hill Capital, CATL (300750.SZ), NIO Capital and Eastern Bell Capital.
– The company intends to use the funds to accelerate the development of its self-developed full-stack autonomous driving system “Xuanyuan”, and speed up its deployment in electrification.
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| Company | Industry | Round Size | Date | Investors | Location |
Qitan Technology | $108M | 23 Dec 2022 | Qingyang District, Sichuan, China | ||
Sunwoda Electric Vehicle Battery | $927M | 17 Aug 2022 | Shanghai, Shanghai, China | ||
Mech-Mind | $820M | 20 Jun 2022 | Dongcheng District, Beijing, China | ||
ROBOT++ | $15M | 23 May 2022 | Haidian District, Beijing, China | ||
VisionNav Robotics | $77M | 29 Apr 2022 | Futian District, Guangdong Province, China | ||
FAIR | $50M | 09 Mar 2022 | Suzhou, Jiangsu, China | ||
Inceptio Technology | $188M | 28 Feb 2022 | Shanghai, China | ||
Axera | $123M | 17 Jan 2022 | Haidian District, Beijing, China | ||
Dazao Technology | 06 Jan 2022 | Guangzhou, Guangdong, China |
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