Wanxiang International Investment co-led a round for the automated trucking system developer that included existing backer Full Truck Alliance.
US-based autonomous truck technology developer Plus closed a $200m funding round yesterday that was co-led by automotive components producer Wanxiang through its Wanxiang International Investment unit.
Investment bank Guotai Junan International and investment banking group Citic’s CPE subsidiary co-led the round with existing backers including Full Truck Alliance, the trucking services marketplace also known as Manbang Group.
Formerly known as Plus.ai, Plus is developing a self-driving system designed for use with trucks, and is working with original equipment manufacturers, fleet…
