Neolix Technologies, a leading Chinese developer of unmanned logistics vehicles, has secured more than USD 600 million in its latest financing round to boost its international growth.

The Series D funding round was led by Stone Venture, a private equity firm based in the United Arab Emirates, Neolix announced yesterday. Chinese investors including Gaocheng Capital, Trustar Capital, and CDH Investments also participated.

Founded in 2018, Neolix has delivered over 10,000 RoboVans, self-driving vehicles designed for urban logistics applications, marking significant progress in the commercial