Jiuyi Intelligence, a company specializing in autonomous driving technology, has recently wrapped up a fresh round of financing that has surpassed the $300 million mark. This financial boost has catapulted its valuation to over RMB 10 billion, crowning it as the globe's inaugural unicorn in the RoboVan realm—a sector dedicated to L4-level autonomous driving logistics vehicles—with a valuation soaring past RMB 10 billion. The roster of investors in this financing round is an impressive mix of major industrial entities, government-backed funds, and market-driven investment institutions.

Prior to this, Jiuyi Intelligence had already made headlines by clinching a strategic merger with Cainiao's autonomous vehicle division. Following the integration, the company embraced a dual-brand operational strategy, propelling its RoboVan fleet to an impressive size of over 20,000 vehicles. Its operational footprint now spans more than 300 cities across 20 countries worldwide, securing its position as the global leader in this domain.