Mainline Technology Financing History

In September 2017, Mainline Technology raised tens of millions of yuan in the angel round, with a valuation of 80 million yuan, and investors included iFlytek Ventures. In October 2018, it raised a round A with a valuation of 300 million yuan, and investors included Weilai Capital, Prologis Hidden Hill Capital, and Zhongding Venture Capital. In September 2019, it raised a round A+ with a valuation of 500 million yuan, and investors included Bosch Group and Prologis Hidden Hill Capital. In November 2021, it raised hundreds of millions of yuan in the round B with a valuation of 1.5 billion yuan, and investors included Yuexiu Industrial Fund, Zhongwei Capital, and Bohai Zhongsheng. In February 2022, it raised a round B1 with a valuation of 2.5 billion yuan, and investors included BAIC Capital, Zhengzhou State Investment, and Advantage Capital. In 2022, the total fleet size will be 194 (vehicles), with a total of 124 (vehicles) in ports and 50 (vehicles) on the main line.