Neolix raises $400 million in largest China autonomous driving round

Briefing by News4U · First published 2026-10-20 02:50:26 UTC

Chinese unmanned delivery vehicle maker Neolix completed a $400 million Series E round led by Boyu, with Alibaba’s AEF NextGen Fund among new investors.

Chinese unmanned delivery vehicle maker Neolix completed a $400 million Series E round led by Boyu, with Alibaba’s AEF NextGen Fund, Lisi Capital, Granite Asia Capital and Vertex among new investors; existing backers Stone Venture and Xincheng Capital also participated. [1] [2]

The round brings Neolix’s cumulative funding above $1.4 billion and is the largest in China’s autonomous-driving sector this year; proceeds will expand its global fleet, which already exceeds 30,000 vehicles operating in 20 countries and 300-plus cities. [1] [2]

Sources

1. 无人配送车制造商新石器完成4亿美元融资 阿里巴巴旗下基金参与投资

   Sina Finance · 2026-10-20 02:22:52 UTC · Full text

2. 快讯

   Wall Street CN · 2026-10-20 02:26:28 UTC · Full text

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