Inceptio Technology Completes Us$188 Million In Financing, Led By Sequoia Capital China And Legend Capital
Amount Raised
$188 Million
Round Type
Funding Round
ShanghaiManufacturingSoftwareScience And EngineeringDescription
Inceptio Technology, an autonomous driving truck technology and operation company, announced the closing of a US $188 million Series B+ equity financing. This round of financing is jointly led by Sequoia Capital China and Legend Capital. Co-investors include Chow Tai Fook Enterprises Limited, Cedarlake Capital, supply chain solution & finance provider Wuchan Zhongda Group (600704.SH), and an international equity fund. Existing investors Meituan (03690.HK), NIO Capital, Eight Roads, Broad Vision Funds, etc
Quick answer
Inceptio Technology raised $188 Million in a Funding Round round, dated March 1, 2022. Inceptio Technology is based in Shanghai, Shanghai, China.
- How much did Inceptio Technology raise?
- Inceptio Technology raised $188 Million in a Funding Round round on March 1, 2022.
- What does Inceptio Technology do?
- At the end of 2021, Inceptio Technology and China's leading OEM started mass production of L3 autonomous driving heavy-duty trucks, which are the industry's first, after three years of development.
- Where is Inceptio Technology based and how big is it?
- Inceptio Technology is based in Shanghai, Shanghai, China.
Source: Fundz verified event record.
Who else raised in Science And Engineering and Manufacturing around the same time
Companies in the same sectors as Inceptio Technology that raised within 45 days of this round, from Fundz verified event records.
- Hadrian raised $37M on April 15, 2022.
- One Predict raised $25M (Series C) on March 24, 2022.
- Agility Robotics raised $150M on March 16, 2022.
- Paragraf raised $59M (Funding Round) on March 2, 2022.
- Space Age Labs raised $1.3M (Seed) on March 1, 2022.
- RIOS raised $28M (Series A) on February 24, 2022.
Who to call at Inceptio Technology, and when
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- An alert the day Inceptio Technology raises, hires an executive or expands, scored against what you sell
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