JD Logistics and Meituan co-led a round that will help Inceptio improve its autonomous driving system for heavy-duty trucks.
China-based autonomous driving technology developer Inceptio Technology has secured $270m in a series B round co-led by JD Logistics, the logistics services subsidiary of e-commerce firm JD.com and local services platform Meituan.
The round was co-led with investment firm PAG and included logistics service provider Deppon Express, electric vehicle battery producer Contemporary Amperex Technology (CATL), logistics infrastructure operator GLP and electric vehicle maker Nio, the last two through Hidden Hill Capital and Nio Capital.
Eight Roads Ventures, part of investment…
