Recently, Sinewits, a leading global provider of scenario-based logistics autonomous driving solutions, announced the successful completion of a B+ round of financing, raising hundreds of millions of yuan. The investors in this round include the Zhengzhou High-tech Industrial Investment Fund, among others. The capital raised will be predominantly directed towards the research and development of autonomous driving technology and the expansion of market presence.
Established in April 2020, Sinewits has quickly risen to prominence as a national-level specialized and sophisticated “little giant” enterprise. The company has developed an integrated intelligent connected vehicle architecture that encompasses “vehicle-road-cloud” systems, along with a comprehensive full-chain service system. Since 2025, Sinewits has achieved significant breakthroughs in both closed and open scenarios at the L4 level of autonomous driving, playing a pivotal role in spearheading multiple pioneering projects across China. Its innovative solutions have been adopted by several industry-leading enterprises, catering to over 100 clients.
The founder of Sinewits emphasized that the newly acquired funds would be strategically utilized to deepen technological advancements in products, enhance dual-track chassis adaptation, and accelerate large-scale mass production. Leveraging its technological prowess and commercialization capabilities, Sinewits is at the forefront of driving the transformation of artificial intelligence within the logistics sector.