Chinese robovan maker Neolix raised a $400M Series E led by Boyu, taking total funding to $1.4B+; it operates 30K+ vehicles in 300+ cities across 20 countries

Global access to Neolix's autonomous delivery vans is now a funded reality, enabling wider adoption and integration into supply chains.

Neolix, a Chinese company specializing in autonomous delivery vehicles, announced a Series E funding round of nearly $400 million, led by Boyu. This latest investment brings the company's total funding to over $1.4 billion. The company claims to operate the world's largest fleet of Level 4 autonomous delivery vehicles, with between 10,000 and 13,000 units deployed across more than 300 cities in China. Neolix also reports having licenses or deployments in up to 15 countries, with the UAE identified as a key expansion target. The company has seen over 2,000 units delivered monthly and has accumulated more than 50 million kilometers of autonomous driving. Neolix, founded in 2018, focuses on urban logistics and last-mile delivery, developing both its own software and hardware. The company reported revenue of approximately $140 million in 2025 and achieved monthly profitability in early 2024.

This significant funding round signals robust investor confidence in the automated logistics sector, fueled by the growth of e-commerce and persistent labor shortages. Neolix's strategy of vertical integration, controlling both software and hardware, provides them with greater command over costs and product development, crucial for scaling in diverse international markets. The company's next steps will be closely watched, particularly their ability to maintain profitability while investing heavily in R&D and expanding their service networks globally, as well as converting initial licenses into substantial commercial deployments in new regions.

The substantial capital infusion of over $1 billion across two rounds in under a year positions Neolix to aggressively pursue international expansion, with the UAE being a stated priority. Investors will be scrutinizing key metrics such as the sustained growth in monthly deliveries beyond 2,000 units and the long-term viability of their profitability model amidst significant overseas investment. Furthermore, the actual commercialization across the 'up to 15 countries' will be a critical indicator of their global traction and the broader acceptance of autonomous delivery solutions.