logo
logo

Inceptio Technology Completes Us$188 Million In Financing, Led By Sequoia Capital China And Legend Capital

Inceptio Technology Completes Us$188 Million In Financing, Led By Sequoia Capital China And Legend Capital

03/01/22, 8:23 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CN.svgshanghai
Money raised
$188 million
Inceptio Technology, an autonomous driving truck technology and operation company, announced the closing of a US $188 million Series B+ equity financing. This round of financing is jointly led by Sequoia Capital China and Legend Capital. Co-investors include Chow Tai Fook Enterprises Limited, Cedarlake Capital, supply chain solution & finance provider Wuchan Zhongda Group (600704.SH), and an international equity fund. Existing investors Meituan (03690.HK), NIO Capital, Eight Roads, Broad Vision Funds, etc

Company Info

Company
Inceptio Technology
Location
shanghai, shanghai, china
Additional Info
At the end of 2021, Inceptio Technology and China's leading OEM started mass production of L3 autonomous driving heavy-duty trucks, which are the industry's first, after three years of development.