Tech Company Financing Transactions

Plus Funding Round

On 2/11/2021, Plus raised $200 million in funding from Guotai Junan International, China Growth Capital and CPE Capital.

Transaction Overview

Company Name
Announced On
2/11/2021
Transaction Type
Venture Equity
Amount
$200,000,000
Round
Undisclosed
Proceeds Purpose
The company plans to use the new funds to accelerate the global commercialization and deployment of its automated trucking system, grow the talented engineering team, and continue the development of its automated driving technology.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
20401 Stevens Creek Blvd.
Cupertino, CA 95014
USA
Phone
Undisclosed
Email Address
Overview
Trucking is the backbone of our country's economy, society and our personal lives, quietly moving goods we use and eat every day. We are applying automated driving technology to trucks today so that fleets and drivers can start benefiting from this revolutionary technology.
Profile
Plus LinkedIn Company Profile
Social Media
Plus Company Twitter Account
Company News
Plus News
Facebook
Plus on Facebook
YouTube
Plus on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
David Liu
  David Liu LinkedIn Profile  David Liu Twitter Account  David Liu News  David Liu on Facebook


 

 

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Prev: 2/11/2021: SecuriThings venture capital transaction
Next: 2/11/2021: Celo venture capital transaction

 

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We do our best to document all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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