Mengshi Technology Completes Tens of Millions of Yuan Series A Financing

Mengshi Technology (Suzhou) Co., Ltd. (hereinafter referred to as "Mengshi Technology") recently completed a round A financing of tens of millions of RMB, led by Liding Capital and Galaxy Ventures, and followed by Ruixia Capital and Zaihe Capital. Founded in December 2020, Mengshi Technology is a technology and service provider focusing on autonomous driving application system solutions. The current product system is mainly aimed at the application of commercial vehicles in production and logistics scenarios such as mining areas, port areas, and field areas. With the continuous deployment and delivery of projects, the company's overall business scale will grow rapidly, and the scale of the autonomous driving fleet will exceed 100 units within the year, and will double in number from 2023 to 2025.