Boonray

Automobiles, Other Vehicles & PartsSeries BShanghai, Chinaboonray.com

Latest round

Series B

Last raised

Jun 2025

Total raised

$14M

Investors

5

About Boonray

, trading as Boonray, is a robotics development and application company, providing self-driving solutions and operational services for open pit mines. In 2021, it's intelligent driving technology won the Digital Empowerment Award in the Artificial Intelligence Conference. Its business partners include DJI, SPIC, and Huawei. The founder as well as the CEO, is a member of the GEARE program at the University of Karlsruhe., and Jiuzhi Capital. The company develops products utilizing autonomous driving technology, ubiquitous robotics, and industrial IoT technology. Its products include iDrive autonomous driving system, remote control driving system, cloud-based forklift monitoring and dispatching system, V2X vehicle networking system, assisted driving, Boonray Intelligent Flight System, and Boonray Cloud. Boonray also launched the Airborne Perception Control Unit. The products and technologies can be used in mine operation, photovoltaic inspection, park management and other fields. The company's revenue is generated by providing electric unmanned mining trucks and zero-carbon unmanned mining solutions. Boonray aims to accelerate the global adoption of autonomous and zero-carbon mining solutions by advancing L4 autonomous driving technologies, expanding intelligent mining deployments worldwide, and supporting the digital transformation of the mining industry.

Who invested in Boonray

5 investors across 2 rounds

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Funding rounds

  1. Series B

    Jun 18, 2025

    Amount

    Undisclosed

    Investors

    Locked

  2. Series B

    Sep 4, 2023

    Amount

    $14M

    Investors

    Locked

Questions about Boonray

Who invested in Boonray?

Boonray has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Boonray raised?

Boonray has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Boonray last raise money?

Boonray's most recent round on record is a Series B, in Jun 2025.

What does Boonray do?

, trading as Boonray, is a robotics development and application company, providing self-driving solutions and operational services for open pit mines.

Where is Boonray headquartered?

Boonray is headquartered in Shanghai, China.

Which VCs invest in companies like Boonray?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back automobiles, other vehicles & parts companies at Boonray's stage. Their profiles are linked below.

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