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China’s Neolix Raises Record US$600 million for Autonomous Delivery Expansion

Neolix secures over US$600 million, the largest-ever private fundraising in China's autonomous driving industry. Photo: Neolix

BEIJING, 24 October 2025 – Neolix, the leader in L4 autonomous delivery (RoboVan) solutions, secured a record-breaking US$600 million in a Series D funding.

This is China’s highest private fundraising amount in the autonomous driving industry, and one of the largest private investments in the country in 2025.

The investment will go towards enhancing the company’s autonomous driving algorithms, boosting product development in new commercial use cases, and improve user experience and service network. Neolix also has plans for further global expansion.

Established in 2018 by Enyuan Yu, Neolix is a global leader in autonomous delivery vehicles. It has delivered more than 10,000 L4 RoboVans and over 2,000 vehicle deliveries in one month. The vehicles are used across 300 cities in China, with over 1,200 vehicles in Qingdao alone.

Its well-known Neolix-VA AI model delivers smooth navigation and a map-free driving system for urban logistics. These innovations contributed to its autonomous driving capabilities beyond 50 million kilometres.

The funding round was headed by UAE-based Stone Venture, along with CITIC Capital, Gaocheng Capital, Sparkedge Capital, CDH, Beijing AI Fund. Other investors were Gaorong Ventures, Legend Capital, Templewater, SAIC, and others.

Author

  • Mizah Kholil is a writer fascinated by how geopolitics shapes the world and everyday life. Having grown up as a Third Culture Kid, she brings a global perspective to her work, examining how international developments influence business and society.

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