Gasgoo Munich- Zeron announced on March 12 that it has closed a new funding round worth 1.2 billion yuan. The move comes just six months after the company secured 500 million yuan in a Series A round in mid-2025.
The round was co-led by Puquan Capital—CATL’s sole industrial investment platform—alongside Momenta and NIO Capital. Participating investors included Anhui Lingtong Group, Fangguang Investment, Insignia Capital Partners, Joy Capital, Shenergy Chengyi, and Blue Lake Capital, while existing shareholder Huoshui Capital also increased its stake.
Image Credit: Zeron
Founded in 2022, Zeron focuses on two core areas: developing native end-to-end autonomous driving hardware and software, and full-stack in-house R&D for new energy smart heavy-duty trucks. The company has already launched two models—the "Jingzhe" and "Xiaoman"—both featuring self-developed electric drive axles and a triple-source heat pump system. By the end of 2025, cumulative sales approached 1,600 units, with second-half deliveries surging nearly 300% compared to the first half.
Zeron has also deployed what it claims is the industry's first on-vehicle application of end-to-end autonomous driving powered by multimodal large models. The technology is already undergoing testing in real-world customer scenarios, with plans to achieve regular unmanned operations by the second quarter of 2026.
Zeron noted that the backing of prominent industrial investors like CATL and NIO Capital, coupled with continued support from leading autonomous driving firm Momenta, serves as strong validation of the company's technical prowess and steady growth. More importantly, it signals that the sector for new energy smart heavy trucks is poised for rapid expansion.
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Gasgoo’s "Seeds Discovery" column is designed to create a service platform connecting startups, ecosystem partners, investors, and local governments, providing deep empowerment across the supply chain. Since its inception, the column has sought to identify promising companies, technologies, and business models that are shaping the intelligent transformation of the industry, fostering the growth of innovative forces. According to Gasgoo, nearly every startup featured in "Seeds Discovery" has successfully integrated with industrial chain resources.
