TuSimple is a self-driving truck company developing technology that allows them to drive from depot-to-depot without human intervention.
TuSimple is a self-driving truck company developing a technology that allows driving from depot to depot without human intervention.The company's trucks are capable of self-driving from depot to depot and do so every day for its customers. It develops a commercial-ready Level 4 (SAE) fully autonomous driving solution for the logistics industry. The company is driven by a mission to increase safety, decrease transportation costs, and reduce carbon emissions. In 2015, Jianan Hao, Mo Chen, and Xiaodi Hou headquartered the company in San Diego, California.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Apr 15, 2021 | IPO | $1.35B | — | — | — | Detail |
Feb 4, 2021 | Series Unknown | — | 1 | Goodyear Ventures | — | Detail |
Jan 21, 2021 | Corporate Round | — | 1 | U.S. Xpress Enterprises | — | Detail |
Nov 30, 2020 | Series E | $350M | 8 | Lavender Hill Capital Partners Limited VectoIQ LLC | — | Detail |
Sep 23, 2020 | Corporate Round | — | 1 | Traton | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Goodyear Ventures | Yes | Series Unknown |
U.S. Xpress Enterprises | Yes | Corporate Round |
Lavender Hill Capital Partners Limited | Yes | Series E |
VectoIQ LLC | Yes | Series E |
Traton | Yes | Corporate Round |
CDH Investments | Yes | Series D |
SINA Corporation | Yes | Series D |
Cambium Grove Capital | — | Series E |
Navistar | — | Series E |
Sky9 Capital | — | Series E |