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Plus Raises $200 Million in New Funding to Advance Global Commercialization of Its Automated Trucks

Feb 10, 2021over 4 years ago

Amount Raised

$200 Million

Santa ClaraSoftware

Description

Plus (formerly Plus.ai), a leading provider of self-driving truck technology, announced it has completed a $200 million round of funding led by new investors Guotai Junan International, CPE, and Wanxiang International Investment. Existing investors including Full Truck Alliance (FTA) also participated.

Company Information

Company

Plus Automation

Location

Santa Clara, California, United States

About

Plus Automation Inc. is a leader in Physical AI focusing on autonomous truck technology. Founded in 2016, it developed a proprietary AI-based virtual driver software system known as SuperDrive. The company aims to revolutionize the trucking industry by providing autonomous solutions that address the global driver shortage.

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