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China’s Robovan developer Neolix raises $137m in Series C+ funding

China’s Robovan developer Neolix raises $137m in Series C+ funding

Photo from Neolix Technologies

China’s Neolix Technologies has secured 1 billion yuan ($137.3 million) in an extended Series C round of financing as it looks to accelerate the commercialisation of Level 4 autonomous vehicles in the logistics industry, particularly for urban deliveries.

Edited by: Joymitra Rai

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