StoryFunding
Neolix raises record $600M Series D; largest autonomous vehicle fundraise in China
Neolix Beijing Technology Co. secured $600 million in Series D funding, the largest autonomous driving private fundraise in China to date, led by UAE-based StoneVenture. The funding fuels algorithm development, new product lines, service network expansion, and geographic growth.
- Series D raised $600M, largest Chinese autonomous vehicle private round
- Led by StoneVenture; participated by Gaocheng Capital, CITIC Capital, CDH, Sparkedge Capital
- Fleet then operating 10,000+ vehicles across 300 cities in 15 countries
- Over 50 million autonomous operation kilometers logged at time of funding