China Digest: Self-driving firm Neolix raises $29m; VDN Cloud closes $14m

Level 4 autonomous driving vehicles developed by Neolix Technologies

Neolix Technologies, a startup that delivers level 4 autonomous driving vehicles, has received nearly 200 million yuan ($29 million) in a Series A+ round, while edge computing-based cloud service provider VDN Cloud has closed almost 100 million yuan ($14 million) in a Series A+ round.

CHJ leads $29m Series A+ round in self-driving startup Neolix

Neolix Technologies, a Chinese startup that delivers level 4 autonomous driving vehicles for the logistics industry, has received nearly 200 million yuan ($29 million) in a Series A+ round of financing led by the country’s electric vehicle maker CHJ Automotive.

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