# Inceptio Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/inceptio-technology

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Shanghai, China
- Website: www.inceptio.ai/
- Total disclosed funding: $458M
- Latest round: Series B (Feb 28, 2022)
- Investors on record: 19

## About

Inceptio Technology, based in Shanghai, China, specializes in advanced autonomous driving solutions, particularly the Inceptio T-NOA, aimed at revolutionizing long-haul trucking with innovative safety and efficiency technologies.Founded in 2018 in Shanghai, China, Inceptio Technology focuses on the development of autonomous driving systems. The company was founded by Julian Zheren and Zheren Ma, who have a history in the tech industry. In February 2022, Inceptio raised USD 188 mn in a Series B funding round, co-led by investors including Legend Capital and Sequoia Capital. The company has completed five deals to date, with the latest funding round representing the total amount raised.Inceptio Technology specializes in the development and commercialization of advanced autonomous driving solutions, particularly focusing on their flagship product, the Inceptio T-NOA. This full-stack proprietary system is designed for the serial production of Level 3 (L3) autonomous trucks, addressing critical challenges in the long-haul trucking sector such as safety, operational efficiency, and cost reduction. The company’s solutions target logistics and freight transportation companies across various geographical markets, including China and the United States, and have been deployed in real-world applications to establish a nationwide autonomous trucking network.Inceptio Technology generates revenue through the deployment of their autonomous driving systems, primarily via B2B transactions with logistics and transportation firms. These transactions typically involve partnerships where companies integrate Inceptio’s technology into their fleets, benefiting from services such as ongoing software updates, maintenance, and technical support. The Inceptio T-NOA is central to these transactions, facilitating autonomous freight movement as demand for innovative transport solutions increases.In February 2022, Inceptio Technology raised USD 188 mn in Series B+ funding to support R&D for its autonomous driving systems and to launch multiple new vehicle models in collaboration with industry partners. The company plans to expand into international markets, targeting regions such as North America and Europe by 2023. The recent funding will enable them to enhance their technology and develop new products aimed at improving the efficiency of freight transportation.

## Funding rounds

- Series B, Feb 28, 2022, $188M — Hong Shan, Legend Capital, Eight Roads Ventures, Wuchan Zhongda Group Investment, Meituan, Inc., NIO Capital, Cedarlake Capital, Broad Vision Funds, Chow Tai Fook Jewellery Company
- Series B, Aug 3, 2021, $270M — Mirae Asset Global Investments, Eight Roads Ventures, PAG, IDG Capital, Eastern Bell Capital, CMB International Asset Management, GLP Pte. Ltd., CS Capital, Deppon Logistics Co., Ltd., Meituan, Inc., Contemporary Amperex Technology Co., Limited, NIO Capital, JD Logistics Group, Broad Vision Funds

## Investors

- Mirae Asset Global Investments (https://capitalatlas.ai/funds/mirae-asset-global-investments) — Series B
- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series B
- PAG (https://capitalatlas.ai/funds/pag) — Series B
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series B
- Eastern Bell Capital — Series B
- CMB International Asset Management (https://capitalatlas.ai/funds/cmb-international-asset-management) — Series B
- GLP Pte. Ltd. — Series B
- CS Capital — Series B
- Deppon Logistics Co., Ltd. — Series B
- Meituan, Inc. — Series B
- Contemporary Amperex Technology Co., Limited — Series B
- NIO Capital (https://capitalatlas.ai/funds/nio-capital) — Series B
- JD Logistics Group — Series B
- Broad Vision Funds (https://capitalatlas.ai/funds/broad-vision-funds) — Series B
- Hong Shan — Series B
- Legend Capital — Series B
- Wuchan Zhongda Group Investment (https://capitalatlas.ai/funds/wuchan-zhongda-group-investment) — Series B
- Cedarlake Capital (https://capitalatlas.ai/funds/cedarlake-capital) — Series B
- Chow Tai Fook Jewellery Company — Series B