"Neolithic" has completed a Series E financing of nearly 400 million US dollars.
36Kr learned that Neolithic, an autonomous driving technology company, announced the completion of its Series E financing of nearly 400 million US dollars. This round of financing is jointly led by Boyu Capital and a state-level fund, with participating investors including Alibaba AEF NextGen Hong Kong Fund, Monolith Capital, GGV Capital, Vertex Growth under Temasek, and Gao Hu Capital. Early and long-term shareholders including Leishi Capital, Trinity Capital, Gaocheng Investment, Yunqi Partners, and SoftBank Asia continue to participate in the follow-on investment. Gao Hu Capital serves as the exclusive financial advisor for this round of financing. This round of financing also sets the record of the largest single financing in China's autonomous driving sector this year. To date, the total accumulated financing amount of Neolithic has exceeded 10 billion yuan, and its financing scale ranks first in the autonomous delivery vehicle industry.