PlusAI raises $200M to scale autonomous-truck commercialization

Feb 10, 2021 · Funding · PlusAI · Automotive

PlusAI completed a $200 million private financing led by Guotai Junan International, CPE and Wanxiang International Investment.

PlusAI company media
Company media · PlusAI
  • PlusAI completed a $200 million private financing for global commercialization and deployment of its autonomous-trucking system.
  • Guotai Junan International, CPE and Wanxiang International Investment led the financing; existing investor Full Truck Alliance participated.
  • This is the first close in the 2021 financing sequence, not a $420 million cumulative event.

PlusAI develops Level 4 autonomous-driving software and physical-AI development infrastructure for commercial trucks.