# Nullmax

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nullmax

- Industry: Software
- Headquarters: Shanghai, China
- Website: www.max.ai
- Total disclosed funding: $122M
- Latest round: Series B (Oct 12, 2023)
- Investors on record: 3

## About

Based in Shanghai, China and established in 2017, Nullmax Inc dba Nullmax, is a software company that focuses on providing autonomous driving solutions. Nullmax is one of the earliest companies in China that obtained autonomous driving road test license in California, USA. The company has deployed an autonomous driving team and test fleet both in Shanghai and Silicon Valley. The foundation team are from Tesla, boasting extensive experience in hardware and software of autonomous driving. The company's founder and CEO, Lei Xu, has a Ph.D. in computer science from the State University of New York at Buffalo, has worked at Qualcomm and Tesla, and has more than 15 years of computer vision and machine learning R&D experience.  It has partnerships with SAIC, Chery Automobile Co., Ltd. and Landwind. In December 2025, Nullmax closed a Series C1 funding.

The company's self-developed autonomous driving products include MaxDrive and MaxVision, which can provide customers with complete intelligent driving systems and customized visual perception modules. In addition, it provides customers with a full suite of features such as high-speed chauffeuring, congestion-following, and valet parking, and customization support.

## Funding rounds

- Series B, Oct 12, 2023, $107M — Stonehill Investment & Management, Shanghai Stonehill Technology
- Series A, Aug 16, 2021, $15M — FutureX Capital

## Investors

- FutureX Capital (https://capitalatlas.ai/funds/futurex-capital) — Series A
- Stonehill Investment & Management (https://capitalatlas.ai/funds/stonehill-investment-management) — Series B
- Shanghai Stonehill Technology — Series B