GLP and G7 - two of the three corporates that co-founded autonomous fleet software developer Inceptio - have contributed to its series A round.

China-based autonomous driving technology developer Inceptio Technology has raised $100m in series A funding from investors including logistics property operator GLP and fleet telematics software provider G7, Reuters reported today.

The corporates, which founded Inceptio in April 2018 with electric vehicle producer Nio’s investment arm, Nio Capital, were joined by undisclosed other investors according to two sources familiar with the matter.

Founded in April 2018, Inceptio is working on software that will facilitate self-driving trucks intended to form the basis…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.