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§ Private Profile · Shanghai, Shanghai, China
Technology company developing autonomous driving systems for heavy-duty trucks, focused on commercial freight operations.
Inceptio Technology, a China-based company, develops autonomous driving systems for heavy-duty trucks, focusing on commercial viability for freight operations. The company offers a full-stack autonomous driving platform named "Xuanyuan" with Level 2+ and Level 3 capabilities, pursuing an end-to-end business model encompassing both technology development and trucking network operations. To date, Inceptio has raised approximately $490 million across multiple rounds, including a $100 million Series A, an additional $100 million round, and a $270 million Series B. Notable investors in its Series B include JD Logistics, Meituan, PAG, IDG Capital, CMB International, CATL, and NIO Capital. The company was founded in 2018 by Julian Zheren Ma. Its business model centers on funded through venture capital rounds. The company develops proprietary autonomous driving technology and plans to operate its own trucking network using this technology.
Inceptio Technology has raised $490.0M across 3 funding rounds.
Inceptio Technology has raised $490.0M in total across 3 funding rounds.
Inceptio Technology has raised $490.0M in total across 3 funding rounds.
Inceptio Technology's investors include JD Logistics, Meituan, PAG, CATL, CMB International, Deppon Express, Eastern Bell Capital, Eight Roads Ventures, Guotou Chuangye, Hidden Hill Capital, IDG Capital, Mirae Asset.
Inceptio Technology has raised $490.0M across 3 funding rounds. Most recently, it raised $270.0M Series B in August 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 3, 2021 | $270M Series B | JD Logistics, Meituan, PAG | Catl, CMB International, Deppon Express, Eastern Bell Capital, Eight Roads Ventures, Guotou Chuangye, Hidden Hill Capital, IDG Capital, Mirae Asset, NIO Capital | Announced |
| Nov 15, 2020 | $120M Venture Round | Catl | G7, GLP, NIO Capital | Announced |
| Apr 29, 2020 | $100M Venture Round | — | — | Announced |