- Companies
- Neolix
Neolix Funding, Investors & Competitors
Neolix has raised $864M across 6 funding rounds, most recently a undisclosed-stage round in February 2026.
Last Neolix funding round
Undisclosed stage
Amount undisclosed · Feb 2026
Cumulative funding Neolix raised
$864M
across 6 funding rounds
Key investors in Neolix
Yunqi Partners
Glory Ventures
CDH Investments
Addor Capital
CICC
CITIC Capital Holdings
Beijing E-town International Investment & Development
Beijing Artificial Intelligence Industry Investment Fund
About Neolix
Neolix is a Beijing-headquartered autonomous vehicle manufacturer specializing in logistics and delivery robo-trucks. The company produces the X3 model for urban last-mile delivery with 50 km range and the X6 for high-capacity cargo up to 500 kg across complex city environments. Neolix equips vehicles with its Apollo central domain controller and LiDAR-radar fusion for L4 autonomy. Deployments include partnerships with JD.com and SF Express in China for daily parcel transport exceeding 10,000 km.
Founded
2014
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Neolix Funding History
Neolix has raised a total of $864M across 6 funding rounds.
Neolix's first fundraising round was a $15M Series A in May 2019. The most recent completed round was a undisclosed-stage round in February 2026.
Neolix funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Feb 2026 | Undisclosed stage | Guangxi Tencent Venture Capital (lead) | - | - |
| Oct 2025 | Series D | Beijing Artificial Intelligence Industry Investment Fund (lead); CDH Investments (lead); CITIC Capital Holdings (lead); Gaocheng Capital (lead); Stone Venture (lead); Zhaoxi Capital | $600M | Neolix, a Beijing-based developer of Level 4 autonomous delivery vehicles known as RoboVans, completed its Series D funding round of over $600 million on October 23, 2025, marking the largest private fundraising in China's autonomous driving sector. The round was led by UAE-based Stone Venture, with joint lead investors including Beijing Artificial Intelligence Industry Investment Fund, CDH Investments (CDH VGC), CITIC Capital Holdings (via Xinchen Capital), Gaocheng Capital (Gaorong Ventures/Gaocheng Investment), Zhaoxi Capital (Sparkedge/Chaoxi Capital), and a major Chinese internet company. Other participants included Legend Capital, Templewater, and existing investor Yunqi Partners, with Cygnus Equity as financial advisor. Founded in 2018 by CEO Enyuan Yu, Neolix provides SAE Level 4 autonomous delivery solutions for express delivery, intracity logistics, and urban freight, with deployments in over 300 Chinese cities and international expansion into UAE, Japan, and South Korea. Key models X3 and X6 each exceeded 4,000 cumulative deliveries, with total L4 RoboVan deliveries surpassing 10,000 units and monthly deliveries hitting over 2,000—the first company to achieve this milestone. Qingdao hosts the world's densest deployment with over 1,200 units, and cumulative autonomous driving mileage exceeds 50 million kilometers. The company claims over 60% cumulative market share, 70% of monthly new shipments, and 80% of monthly revenue in China's autonomous delivery vehicle segment, serving 300,000+ clients including SF Express, JD Logistics, ZTO, and others. Proceeds will fund algorithm R&D, new product development for commercial scenarios, service network expansion, user experience improvements, and global scaling to empower urban logistics. Neolix obtained China's first autonomous delivery license in 2021, driving tenfold annual delivery growth for two years, and recently secured the Middle East's first RoboVan operating license in UAE. It supplies nearly 70% of major enterprise contracts in express delivery and sees growing demand in on-demand logistics, now over half of orders. This funding underscores investor confidence in Neolix's tech and commercialization, positioning it as the global leader in L4 autonomous delivery with the most city coverage and bestselling models. Prior funding included $14.5 million in 2019. |
| Feb 2025 | Series C | CICC (lead); Vinno Capital; Cygnus Equity | $138M | Search results detail a separate Series D round announced between October 2025 and June 2025, raising over US$600 million, led by UAE-based StoneVenture with participants including Gaocheng Capital, CITIC Capital/Xinchen Capital, CDH VGC, Sparkedge Capital/Chaoxi Capital, Beijing AI Fund, Legend Capital, Gaorong Ventures, Templewater, and others; Cygnus Equity served as exclusive financial advisor in some accounts, but CICC and Vinno Capital are not mentioned as investors. This round, the largest private financing in China's autonomous driving sector to date, funds R&D in algorithms and technology, new product development for commercial scenarios, service network expansion, large-scale commercialization of RoboVans, and global growth including the Middle East, Japan, and South Korea. Neolix, founded in 2018, is the world's largest provider of L4 autonomous delivery RoboVan solutions for urban last-mile logistics, serving over 300,000 clients from major enterprises like SF Express, JD Logistics, STO, ZTO, YTO, Yunda, and J&T Express (securing nearly 70% of major express delivery contracts), with on-demand logistics and urban freight now over half of orders. The company holds China's first unmanned delivery vehicle license since 2021, achieved tenfold annual delivery growth for two years, produced its 10,000th vehicle by September 2025, and plans 2,000 vehicles per month output toward cash-flow breakeven in late 2025. Deployments span campuses, business districts, and communities to cut costs and boost reliability. |
| Mar 2024 | Series C | Beijing E-town International Investment & Development; Qianhai Ark; Shell Capital; Henan CICC Huirong Fund Management; Ziyang CICC Qiyang Industrial Development Fund | $83M | Neolix is a Beijing-based developer of L4 autonomous commercial vehicles, specializing in RoboVan models like X3, X6, and X12 for urban logistics, e-commerce, fresh food supply chains, and retail sectors. The company focuses on end-to-end autonomous driving technology, including the 4D One Model for L4 perception, and operates the world's first intelligent factory for L4 unmanned vehicles with 10,000 annual production capacity. It has secured road rights in over 85 Chinese cities (80% of total licenses), delivered nearly 3,000 vehicles, and accumulated over 24 million kilometers of autonomous driving. The specific Series C - III round on March 27, 2024, matches the queried investors including Beijing E-town International Investment & Development, Henan CICC Huirong Fund Management, Qianhai Ark, Shell Capital, and Ziyang CICC Qiyang Industrial Development Fund. Subsequent rounds include a C+ financing announced February 20, 2025, raising 1 billion yuan (~$140M) led by CICC for accelerating autonomous driving models and logistics deployment, and a Series D over $600M noted as China's largest private autonomous driving raise, with investors like Legend Capital and strong market traction including 60% cumulative share and 80% monthly revenue in China's autonomous delivery segment. Neolix has raised $126.27M total across 8 rounds from 12 investors, with explosive growth since its 2021 autonomous delivery license: vehicle deliveries up tenfold annually for two years, over 4,000 deliveries each for X3/X6 models, serving 300,000+ clients, and 20,000+ orders secured for 2025. It commands 70% new monthly shipments and over 60% market share in urban logistics, partnering with firms like FedEx. |
| Mar 2020 | Series A | Li Auto (lead); Addor Capital; Glory Ventures; Yunqi Partners | $29M | - |
| May 2019 | Series A | Yunqi Partners (lead); Glory Ventures | $15M | - |
Who has invested in Neolix?
19 investors have backed Neolix across its funding rounds, including Yunqi Partners, Glory Ventures, CDH Investments, Addor Capital, CICC and CITIC Capital Holdings.
Lead investors include Guangxi Tencent Venture Capital, Beijing Artificial Intelligence Industry Investment Fund, CDH Investments, CITIC Capital Holdings, Gaocheng Capital and 4 other investors.
Neolix Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | May 2019 | ||
| 2 | Lead | May 2019 | ||
| 1 | Lead | Feb 2026 | ||
| 1 | Participant | Mar 2020 | ||
| 1 | Participant | Mar 2024 | ||
| 1 | Lead | Oct 2025 | ||
| 1 | Lead | Oct 2025 | ||
| 1 | Participant | Oct 2025 | ||
| 1 | Participant | Feb 2025 | ||
| 1 | Participant | Mar 2024 | ||
| 1 | Lead | Feb 2025 | ||
| 1 | Lead | Mar 2020 | ||
| 1 | Participant | Feb 2025 | ||
This data is available for Pro users. Sign up to see all 19 Neolix investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialNeolix Competitors
Neolix competitors include listed companies like Tesla and Aurora Innovation, and private ones like Didi Woya, Momenta, Cowarobot and Avride.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $5B | - | ||
| Private | $76M | - | $5B | - | ||
| Private | $140M | - | $3B | 21.4x | ||
| Private | - | - | $2.8B | - | ||
| Publicly listed | $95B | $10B | $1.4T | 13.8x | ||
| Publicly listed | $3M | ($786M) | $13B | 1040.1x |
Neolix Public Comps
Neolix is still privately-owned, but its public comps include Tesla, Stryker, UPS, General Motors, Canadian National Railway, FedEx, Deutsche Post, Maersk, DSV and Adani Ports & Special.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $95B | $10B | 15.0x | 13.8x | 140.8x | 97.4x | |||
| $25B | $6.3B | 4.7x | 4.5x | 18.8x | 15.6x | |||
| $89B | $12B | 1.2x | 1.2x | 9.2x | 8.8x | |||
| $185B | $15B | 1.0x | 1.0x | 12.1x | 8.5x | |||
| $12B | $6.5B | 7.2x | 6.8x | 13.6x | 13.9x | |||
| $95B | $11B | 1.1x | 1.1x | 9.5x | 9.9x | |||
| $95B | $13B | 1.0x | 1.0x | 7.8x | 7.4x | |||
| $54B | $10B | 1.1x | 1.0x | 5.9x | 5.4x | |||
This data is available for Pro users. Sign up to see all Neolix competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Neolix
| When was Neolix founded? | Neolix was founded in 2014. |
| Where is Neolix headquartered? | Neolix is headquartered in Beijing, China. |
| Is Neolix publicly listed? | No, Neolix is a private, VC-backed company. |
| How much funding has Neolix raised? | Neolix has raised $864M across 6 funding rounds. |
| What was Neolix's last funding round? | Neolix's last funding round was a undisclosed-stage round in February 2026, led by Guangxi Tencent Venture Capital. |
| Who are Neolix's investors? | Neolix's investors include Glory Ventures, Yunqi Partners, Guangxi Tencent Venture Capital, Addor Capital, Beijing E-town International Investment & Development, Stone Venture, Beijing Artificial Intelligence Industry Investment Fund, Zhaoxi Capital, Vinno Capital, Qianhai Ark and 9 others. |
| Which companies are comparable to Neolix? | Companies comparable to Neolix include Didi Woya, Momenta, Cowarobot, Avride, Tesla and Aurora Innovation. |
See companies similar to Neolix
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




