Sequoia Capital China and Legend Capital, a fund management arm of Chinese conglomerate Legend Holdings, have jointly led a $188-million Series B+ round in Chinese self-driving truck developer Inceptio Technology.
Chow Tai Fook Enterprises Limited (CTFE), a private investment firm of Hong Kong’s Cheng Family, global investment firm Cedarlake Capital, Shanghai-listed supply chain services firm Wuchan Zhongda Group, and an unspecified international equity fund participated in the deal.
