Neolix has raised over $600 million in a Series D financing round, marking a significant milestone in China's autonomous delivery sector.

Target Information

Neolix, a leader in the automated delivery sector and a key player in the development of L4 autonomous delivery solutions (RoboVan), has successfully completed a Series D funding round exceeding $600 million. This round sets a record for investment amounts in China's autonomous driving sector and signals the company’s substantial growth trajectory since its inception in 2018. Founded by CEO Yu Enyuan, Neolix aims to revolutionize urban logistics with its proprietary technology, focusing on improving delivery efficiency through autonomous vehicle deployment.

With over 10,000 L4 autonomous vehicles delivered globally, Neolix has achieved significant milestones, including being the first company to cross the 10,000 vehicle mark. By leveraging cutting-edge visual algorithms and integrated dispatch engines, Neolix has positioned itself as a frontrunner in transforming urban logistics into a highly efficient digital service.

Industry Overview in China

The autonomous driving industry in China is experiencing rapid transformation as technology advances and regulatory frameworks evolve. The country is at the forefront of deploying autonomous vehicles in logistics, with regulations activel