Xiantu Intelligent completed RMB 200 million B2 round of financing

Xiantu Intelligent announced the completion of a B2 round of financing of RMB 200 million. This round of financing was participated in by Shanshan Venture Capital, OPPLE Capital, old shareholder Tianqi Capital and founder Huang Chao. This round of financing will be mainly used for the research and development of autonomous driving technology and commercial operation investment, as well as the expansion of domestic and overseas market scale. Xiantu Intelligent has deployed nearly 200 autonomous driving vehicles around the world, which has verified the business model of autonomous driving on a large scale. Orders and revenue are growing rapidly. The company's Q1 and Q2 both showed an astonishing year-on-year revenue growth of more than ten times. Xiantu Intelligent's products and services have been implemented in developed European and American countries such as Germany, Switzerland, and the United States. Multiple projects in Norway, Australia, New Zealand, the Middle East and other countries and regions are progressing steadily.