Chinese autonomous driving company revs up funding

Trunk Tech to develop, mass-produce next-generation self-driving trucks

36kr truck.png

Chinese startup Trunk Tech has raised over $30 million to accelerate its self-driving truck business. (Photo courtesy of the company)

Li Anqi, 36Kr

BEIJING -- Trunk Tech, a Chinese startup developing autonomous driving technology, has raised over $30 million from Yuexiu Industry Investment Fund, ZWC Partners and BHCP.

Trunk Tech was founded in March 2017 and raised money in an angel funding round later that year. The company also raised funds from investors, including RBVC, the venture capital division of Germany's Bosch Group, in a Series A+ round in 2019.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.