Lates News

According to foreign media reports, Chinese unmanned delivery vehicle manufacturer Neolix Technologies has completed $400 million in financing aimed at driving its global expansion. The company said in a statement on Tuesday that the Series E funding round was led by Boyu Capital. Participants also included new investors such as Alibaba Group's AEF NextGen Fund, Monolith Management, Granite Asia Capital, and Vertex, which is backed by Temasek Holdings; existing shareholders Stone Venture and Trustar Capital also participated in this round of financing.