Jiushi Intelligence completes US$100 million in Series B4 financing, led by Ant Group

Jiushi Intelligent, the global pioneer of Level 4 RoboVan technology, recently completed a $100 million Series B4 funding round led by Ant Group. This brings Jiushi Intelligent's Series B funding total to $400 million, making it one of the largest rounds raised by a Chinese technology company this year. This round of funding will be used to increase investment in autonomous driving technology R&D, strengthen product iteration, establish independent supply chain control, and expand global markets. Jiushi Intelligent boasts one of the world's leading autonomous driving technology R&D teams and has launched the world's first medium-to-large autonomous truck capable of operating on urban motorways, with large-scale commercial deployments globally.