Tech Company Financing Transactions
TuSimple Funding Round
Sina and Composite Capital participated in a $95 million Series D venture round for TuSimple. The round was announced on 2/14/2019.
Transaction Overview
Company Name
Announced On
2/14/2019
Transaction Type
Venture Equity
Amount
$95,000,000
Round
Series D
Investors
Sina (Lead Investor) (Colin Xie)
Proceeds Purpose
The new capital investment will be used to fund TuSimple's commercial ramp-up and product development.
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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