Jiuxi Intelligent Raises Another $300 Million in Funding, Valuation Soars Past $1 Billion
2 day ago / Read about 0 minute
Author:小编   

Jiuxi Intelligent has recently wrapped up a fresh funding round, amassing over $300 million. This latest injection of capital has propelled its valuation beyond the RMB 10 billion mark, crowning it as the inaugural unicorn enterprise in the RoboVan (L4-level autonomous driving logistics vehicle) arena to boast a valuation exceeding $1 billion. As of now, Jiuxi Intelligent has successfully navigated through six funding rounds. Earlier, Jiuxi Intelligent forged a strategic alliance by merging with Cainiao's autonomous vehicle division, initiating a dual-brand operational strategy. This move has expanded its fleet to over 20,000 vehicles, extending its reach to more than 300 cities across over 10 countries globally.