China's autonomous trucking firm KargoBot.ai closes Series A+ funding

Shanghai (Gasgoo)- On May 14, Chinese autonomous trucking technology company KargoBot.ai announced the completion of its Series A+ funding round, bringing its total funding in 2025 to nearly 300 million yuan, according to a post on KargoBot.ai's WeChat account.

Investors for this year's funding rounds include Ordos State-owned Assets Investment Holding Group, Shenzhen Capital Group, Shaanxi Auto Fund, Orinno Capital, and other strategic backers focused on real-world logistics applications.

With fresh capital and solid strategic partnerships, KargoBot.ai aims to scale the commercial deployment of L4 autonomous freight operations across diverse logistics scenarios nationwide. The company is also working with ecosystem partners to build a smart logistics network powered by autonomous driving and robotics, delivering greater cost-efficiency and operational upgrades for the freight industry.

KargoBot.ai said it addresses key industry challenges such as rising logistics demand, a shortage of heavy truck drivers, and workforce aging. The company pioneered hybrid intelligent platooning technology tailored for large-scale bulk logistics, resolving long-tail issues and operational constraints often faced in autonomous driving. Its solution is designed for varied logistics environments including closed industrial roads, national and rural highways, expressways, and toll stations.

KargoBot.ai is currently conducting L4 platooning tests and regular operations in regions such as North and Northwest China, with Ordos as a key base. Its business footprint spans seven cities and 20 customers nationwide. In 2024, KargoBot.ai became the first company authorized to conduct open-road autonomous driving tests across four northern regions—Beijing, Inner Mongolia, Tianjin, and Hebei—successfully opening the North–Northwest bulk freight corridor, a route with market potential exceeding hundreds of billions of yuan. In 2025, it became the first company approved to run intercity autonomous heavy truck platooning tests in Northwest China.

As of April 2025, KargoBot.ai has surpassed 20 million kilometers in L4 platooning operations and achieved a cumulative transport volume of 200 million tonne-kilometers. By leveraging real-world operational data and continuous technology iteration, the company has built a solid foundation for unmanned commercial deployment, with rapid validation across cold chain, fresh produce, and express freight scenarios.