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On May 14, 36Kr exclusively reported that Kaer Power has successfully closed its A+ round of financing. Since the start of 2025, the company has raised a cumulative total of approximately RMB 300 million, attracting investors such as Erdos City State Investment Group, Shenzhen Capital Group, Shaanxi Automobile Fund, Ceyuan Capital, and others. Leveraging these funds and strategic alliances, Kaer Power aims to expedite the widespread commercialization of L4 autonomous driving cargo vehicles and broaden their deployment across various logistics scenarios nationwide.
Currently, Kaer Power is conducting L4 autonomous driving mixed intelligent formation testing and regular operations in regions including Northern and Northwestern China, with a particular focus on Erdos City. Its business operations now span seven cities and serve 20 customers.
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