StartupsDealStreetAsiaabout 1 hour ago
Neolix Raises Nearly $400 Million in Series E
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Neolix Technologies, a Chinese developer of Robovans, announced on Tuesday it raised nearly $400 million in a Series E funding round. Anchored by Boyu Capital, the round included Alibaba's AEF NextGen Fund and other investors. This marks the largest single financing in China's autonomous driving sector this year, with cumulative funding exceeding $1.4 billion.
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