Recently, Neolix in the Beijing Economic and Technological Development Area (BDA) announced that it has completed hundreds of millions of yuan in Series B financing. 

The financing was jointly led by a fund of CICC Capital and SoftBank Ventures Asia. The old shareholders Yunqi Partners and Clory Ventures followed in the investment. 

This round of financing will be used for the large-scale expansion of the unmanned car service network.

An autonomous car produced by Neolix [Photo/kfqgw.beijing.gov.cn]

In the first half of the year, Neolix unmanned vehicles obtained the first batch of unmanned delivery qualifications in Beijing's high-level autonomous driving demonstration zone. 

Its unmanned vehicles have set up cooperation with hundreds of catering and retail companies such as Pizza Hut and KFC, and are operating on open roads for consumers in more than 10 cities such as Beijing, Shanghai and Xiamen.

It is expected that by the end of 2021, the company will establish the world's first mobile unmanned vehicle service network with a scale of over 1,000 vehicles.

In addition to the retail fields, Neolix is gradually expanding its unmanned vehicle service network to diversified areas such as logistics and urban services, while accelerating its entry into overseas markets.

Besides, thanks to the successful application of the first phase of the project, Baidu Apollo once again won the bid for the “Phase II Project of Intelligent Renovation of On-Street Parking Berths in Hezhou city”, and the winning bid amounted to 19.347 million yuan ($2.991 million). 

The second phase will continue to adopt Baidu's leading position in on-street parking technology to transform nearly 3,000 on-street berths.