Inceptio Technology completes US$188 million in financing, led by Sequoia Capital China and Legend Capital

SHANGHAI, Feb. 28, 2022 /PRNewswire/ — Inceptio Technology, an autonomous driving truck technology and operation company, announced the closing of a US $188 million Series B+ equity financing. This round of financing is jointly led by Sequoia Capital China and Legend Capital. Co-investors include Chow Tai Fook Enterprises Limited, Cedarlake Capital, supply chain solution & finance provider Wuchan Zhongda Group (600704.SH), and an international equity fund. Existing investors Meituan (03690.HK), NIO Capital, Eight Roads, Broad Vision Funds, etc. also participated.

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