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Neolithic completes Series E funding of $400M led by Boyu Capital and a state-level fund, with participation from Alibaba's affiliated funds.

PRIVATEOct 21, 2026

Amount Raised

$400 Million

Round Type

Series E

ChinaTransportationAutomotive

Investors

Alibaba's affiliated fundsState-level fundBoyu Capital

Description

Neolithic, an autonomous delivery enterprise, announced the completion of its Series E financing of approximately $400 million (2.68 billion RMB) on October 20. The round was jointly led by Boyu Capital and a state-level fund, with participation from institutions including Alibaba's affiliated funds. This brings Neolithic's total accumulated financing to over 10 billion RMB. The funding will support the company's continued expansion in the autonomous delivery vehicle market.

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Company Information

Company

Neolithic

Location

China

About

Neolithic is an autonomous delivery enterprise that has completed Series E financing of nearly 400 million US dollars. The company specializes in autonomous delivery vehicles and has accumulated over 10 billion RMB in total financing. Neolithic is competing in the autonomous driving delivery vehicle market alongside major platforms like Meituan.

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