Zelos Technology Secures $100 Million in Funding to Drive Autonomous Logistics Vehicles
Amount Raised
$100 Million
Round Type
Series A
SuzhouTransportationAutomotiveLogisticsMotor Vehicle ManufacturingInvestors
Description
Zelos Technology has successfully raised $100 million in a Series A financing round spearheaded by Meituan. The funding will be used to enhance research and development efforts, expedite the commercialization of autonomous logistics solutions, and revolutionize the way goods are transported in urban environments.
Quick answer
Zelos Technology raised $100 Million in a Series A round, dated February 27, 2024. Investors: Baidu Ventures, Seekdource, Xianting Fund and Meituan. Zelos Technology is based in Suzhou, Jiangsu, China.
- How much did Zelos Technology raise?
- Zelos Technology raised $100 Million in a Series A round on February 27, 2024.
- Who invested in Zelos Technology?
- Baidu Ventures, Seekdource, Xianting Fund and Meituan are named as investors in this round.
- What does Zelos Technology do?
- Zelos Technology is a leading developer of unmanned logistics vehicles, specializing in Level 4 autonomous driving technology.
- Where is Zelos Technology based and how big is it?
- Zelos Technology is based in Suzhou, Jiangsu, China. Fundz records about 36 employees.
- Who are the decision-makers at Zelos Technology?
- Fundz holds 1 contact at Zelos Technology, including the Managing Director, Zelos Technology (Singapore). Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Automotive around the same time
Companies in the same sectors as Zelos Technology that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $1B (Funding Round) on March 25, 2024.
- Zypp Electric raised $40M (Series C) on April 12, 2024.
- Windrose Technology raised $110M (Series B) on April 11, 2024.
- Blitz Electric Mobility raised $1.6M (Seed) on March 19, 2024.
- Mober raised $2M (Seed) on February 14, 2024.
- Yoshi Mobility raised $26M (Series C) on April 10, 2024.
Who to call at Zelos Technology, and when
A new round usually means Zelos Technology is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Zelos Technology raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Zelos Technology, from your own LinkedIn network
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Funding Insights
What this usually meansZelos Technology raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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