Beijing-based autonomous delivery firm Neolix has secured nearly $400 million in a Series E funding round. This investment brings the company's total funding to over $1.4 billion. The capital will support research and development for algorithms, the expansion of service networks, and international growth, with the UAE identified as a primary target.
Founded in 2018 by CEO Enyuan Yu, Neolix specializes in Level 4 autonomous delivery vehicles, including the X3 and X6 models. The company reports that it has deployed between 10,000 and 13,000 units across more than 300 cities in China. Its vehicles have collectively covered over 50 million kilometers of autonomous driving, with monthly deliveries recently exceeding 2,000 units.
Neolix maintains a vertically integrated model, developing both its own hardware and autonomous-driving software. In 2025, the company recorded revenue of approximately $140 million and has reported monthly profitability since early 2024. This latest round follows a Series D funding of over $600 million closed in October 2025.
The company currently holds licenses or has established deployments in up to 15 countries. Investors are monitoring the company's ability to maintain profitability while scaling operations globally and transitioning from pilot programs to full commercial deployments in international markets.
