Exclusive: Tencent Invests! Neolix Completes Over $500 Million Pre-IPO Financing, Plans to Go Public in Hong Kong

Deep News
5 hours ago

On October 23, news broke that Neolix, a leading player in China's unmanned delivery sector, has recently completed over $500 million in Pre-IPO financing. This round saw participation not only from several existing shareholders but also new prominent investors including <00700> and High Achiever Capital, along with various national AI funds and Middle Eastern investors.

Sources revealed that the finalized funds from this financing round have reached $500 million, with additional funds in the process of being confirmed, suggesting that the total amount raised could significantly exceed $500 million.

Earlier in September, Neolix announced the delivery of its 10,000th vehicle, marking a significant transition in the unmanned delivery industry from technology validation to large-scale commercialization. Following the arrival of the newly raised funds, its monthly production capacity is expected to rise to approximately 2,000 vehicles, compared to just over 1,000 vehicles delivered throughout the entire previous year.

After concluding this financing round, Neolix is likely to initiate preparations for its public listing soon.

As of the publication, Neolix has not yet responded to inquiries regarding this financing and its plans for a Hong Kong IPO.

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