Tech Company Financing Transactions
TuSimple Funding Round
TuSimple, operating out of San Diego, secured $120 million in funding from Sina, CDH Investments and Lavender Capital.
Transaction Overview
Company Name
Announced On
9/18/2019
Transaction Type
Venture Equity
Amount
$120,000,000
Round
Series D
Investors
Proceeds Purpose
The company plans to use the funds to continue developing its autonomous vehicle technology and expand its long-haul routes in Arizona and Texas.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
9191 Towne Centre Dr. 600
San Diego, CA 92122
USA
San Diego, CA 92122
USA
Phone
Website
Email Address
Overview
TuSimple is a global autonomous truck company, headquartered in San Diego and operating self-driving trucks out of Tucson, Arizona. Founded in 2015, TuSimple is developing a commercial-ready Level 4 (SAE) fully-autonomous driving solution for the logistics industry.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mo Chen
Chief Operating Officer
Jianan Hao
Chief Technical Officer
Xiaodi Hou
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