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Inceptio Technology Completes Financing of US$188 Million, Jointly Led by Legend Capital

Retrieved on: 
Wednesday, March 2, 2022
L3, ADAS, Investment, Industry, Level 3, OEM, Technology, Founder, Growth, IP, CEO, Pony.ai, Rail transport, Renewable energy, Sesame

HONG KONG, Mar 2, 2022 - (ACN Newswire) - On 28 February 2022, Inceptio Technology, an autonomous driving truck technology and operation company, announced its completion of a US$188 million Series B+ equity financing, jointly led by Legend Capital.

Key Points: 
  • HONG KONG, Mar 2, 2022 - (ACN Newswire) - On 28 February 2022, Inceptio Technology, an autonomous driving truck technology and operation company, announced its completion of a US$188 million Series B+ equity financing, jointly led by Legend Capital.
  • Following its investments in autonomous driving of passenger vehicles, Legend Capital chooses the self-driving truck developer Inceptio Technology and is very optimistic about its 'technology + operation' development strategy.
  • Julian Ma, the Founder and CEO of Inceptio Technology, said: "Thanks to the shareholders' confidence and long-term support to Inceptio Technology!
  • In addition to Inceptio Technology, Legend Capital has also invested in the autonomous driving AI chip company Horizon Robotics, the millimeter-wave radar company Muniu Technology, the autonomous vehicle technology company Pony.ai and the ADAS solution provider Zongmu Technology.

Inceptio Technology Completes Financing of US$188 Million, Jointly Led by Legend Capital

Retrieved on: 
Wednesday, March 2, 2022
L3, ADAS, Industry, Level 3, OEM, Founder, Growth, IP, CEO, Pony.ai, Rail transport, Sesame

HONG KONG, Mar 2, 2022 - (ACN Newswire) - On 28 February 2022, Inceptio Technology, an autonomous driving truck technology and operation company, announced its completion of a US$188 million Series B+ equity financing, jointly led by Legend Capital.

Key Points: 
  • HONG KONG, Mar 2, 2022 - (ACN Newswire) - On 28 February 2022, Inceptio Technology, an autonomous driving truck technology and operation company, announced its completion of a US$188 million Series B+ equity financing, jointly led by Legend Capital.
  • In addition, Inceptio Technology has deployed daily commercial operations on a range of routes with many top industry shippers.
  • Julian Ma, the Founder and CEO of Inceptio Technology, said: "Thanks to the shareholders' confidence and long-term support to Inceptio Technology!
  • In addition to Inceptio Technology, Legend Capital has also invested in the autonomous driving AI chip company Horizon Robotics, the millimeter-wave radar company Muniu Technology, the autonomous vehicle technology company Pony.ai and the ADAS solution provider Zongmu Technology.