Jiu Shi Intelligent Secures $100 Million in B4 Financing Led by Ant Group

Deep News
10/21

Recently, Jiu Shi Intelligent, the global pioneer of L4 RoboVan technology, announced the completion of its $100 million B4 financing round. This round was led by Ant Group Co., Ltd. with participation from existing and new shareholders, including Blue Lake Capital and BV Baidu Ventures. To date, Jiu Shi Intelligent has raised a total of $400 million in its Series B funding, marking it as one of the largest financings in the Chinese tech market this year, as well as a landmark event in the global L4 autonomous driving sector. Following this funding, Jiu Shi Intelligent plans to increase its investment in autonomous driving technology research and development, enhancing its capabilities in product iteration, supply chain autonomy, global market expansion, and customer service system improvement, all aimed at building a smarter, more efficient, and greener unmanned freight network. According to official sources, Jiu Shi Intelligent boasts one of the earliest teams engaged in autonomous driving technology R&D globally, equipped with exceptional innovation capabilities and solid engineering expertise. With strong user insights and a forward-looking strategic vision, it has innovatively launched the world’s first medium to large-sized unmanned truck capable of operation on urban motor vehicle roads, thus paving the way for the new realm of L4 RoboVan technology. Jiu Shi Intelligent asserts that innovation is its foundation, having successively introduced various series of RoboVan—such as those for large capacity, heavy loads, and cold chain—to fully meet the demands of urban delivery across sectors like express logistics, retail fast-moving consumer goods, fresh food catering, and industrial logistics. Furthermore, the pioneering deployment of L4 unmapped technology has effectively supported holistic operations in the instant delivery field.

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