Neolix raises $29 million to mass-produce autonomous delivery shuttles
Neolix Technologies, a self-driving logistics startup based primarily in Beijing, today confirmed that it closed a roughly RMB 200 million ($29 million) series A+ financing round in February of this year. The company said that the proceeds will be put toward ramping up mass production of its self-driving vehicles, which Neolix claims could help reduce carbon emissions while boosting transportation logistics efficiency.