Neolix Technologies

Autonomous Delivery · Robotics · Logistics

Funding

Neolix raises $400M Series E led by Boyu Capital for global push

Lifetime funding now tops $1.4 billion, underscoring how capital is consolidating around a handful of robovan leaders in China.

• Neolix closed a Series E of nearly $400 million co-led by Boyu Capital and a state-backed national AI investment fund, pushing its cumulative funding past $1.4 billion.
• Neolix builds Level 4 autonomous delivery vans and already operates more than 30,000 driverless vehicles across 300-plus cities in over 20 countries.
• The round is billed as the largest single financing in China's autonomous-driving sector this year, coming almost exactly a year after Neolix's $600 million-plus Series D.
• Neolix generated roughly $140 million in revenue in 2025 and says it has been monthly profitable since early 2024, even as it keeps raising large funding rounds.
• Rival robovan maker Zelos raised over $300 million in February and was merged into Alibaba's Cainiao logistics unit in a deal valuing the combined business at about $2 billion, showing Alibaba spreading bets across the sector.
• The mega-round signals that investors are concentrating capital in a few proven robovan operators as China's autonomous-delivery market shifts from local pilots to global logistics infrastructure.