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Neolix secures $400 million Series E to drive global expansion

Chinese autonomous delivery van maker Neolix raised $400 million in a Series E round led by Boyu Capital, pushing its total funding past $1.4 billion as it expands internationally.

Graphic announcing Neolix's $400 million Series E funding round alongside an image of a Neolix autonomous delivery vehicle.
Image: @AGTPinsights

Chinese driverless delivery vehicle manufacturer Neolix Technologies Co. has raised $400 million in a Series E funding round aimed at accelerating its global expansion, according to reports from Bloomberg and AGTP. The round was led by Boyu Capital, with Alibaba's AEF NextGen Fund participating as an investor.[1][2][3][4]

The fresh injection pushes the robovan maker's cumulative funding to more than $1.4 billion, according to Bloomberg. Neolix currently operates over 30,000 vehicles deployed across more than 300 cities in 20 countries.[1][3]

Key facts

  • Neolix raised $400 million in a Series E round to finance its global expansion.
  • The Series E round was led by Boyu Capital.
  • Alibaba's AEF NextGen Fund participated as an investor in the financing round.
  • The funding increases Neolix's total capital raised to over $1.4 billion.
  • Neolix operates more than 30,000 vehicles across upwards of 300 cities in 20 countries.

Sources · 4 sources

  1. TE

    TechmemeArticle ·

    Chinese robovan maker Neolix raised a $400M Series E led by Boyu, taking total funding to $1.4B+; it operates 30K+ vehicles in 300+ cities across 20 countries (Saritha Rai/Bloomberg) Saritha Rai / Bloomberg : Chinese robovan maker Neolix raised a $400M Series E led by Boyu, taking total funding to $1.4B+; it operates 30K+ vehicles in 300+ cities across 20 countries — Neolix Technologies Co., a Chinese maker of driverless delivery vehicles, raised $400 million to fuel its global expansion.

    Open source
  2. BL

    Bloomberg@businessPost on X ·

    Neolix, a Chinese maker of driverless delivery vehicles, raised $400 million to fuel its global expansion. https://t.co/vdzrlA3J9j

    Open source
  3. TE

    Techmeme@TechmemePost on X ·

    Chinese robovan maker Neolix raised a $400M Series E led by Boyu, taking total funding to $1.4B+; it operates 30K+ vehicles in 300+ cities across 20 countries (@saritharai / Bloomberg) (Visit Techmeme dot com for the link and full context!)

    Open source
  4. AG

    AGTP@AGTPinsightsPost on X ·

    BREAKING: Chinese driverless delivery van maker Neolix raises $400 million in a Series E led by Boyu Capital, with Alibaba's AEF NextGen Fund joining, to fuel its global expansion. https://t.co/vkUoPtnuiW

    Open source