Shanghai (Gasgoo)- VELOBOTICS has recently completed a new round of financing worth 400 million yuan, with the investment led by the Huangshi Industrial Development Fund, which is managed by Huangshi State-owned Capital Investment Group.
Photo source: VELOBOTICS
Backed by state-owned capital with a domestic AAA credit rating, the deal underscores growing market confidence in VELOBOTICS' full-stack capabilities in special-purpose autonomous driving and its ability to scale commercialization.
The fresh capital is set to accelerate the company's strategic push in core autonomous driving technologies, expansion of its high-end product portfolio, and the development of an integrated ecosystem that combines autonomous driving with intelligent manufacturing.
Founded in 2015, VELOBOTICS has consistently focused on the development and deployment of special-purpose autonomous driving technologies. Its core team, which traces its roots to Tsinghua University's Department of Automotive Engineering, has built deep expertise in unmanned system architectures, advanced multi-sensor fusion, and vehicle control and planning algorithms. To date, the company has secured more than 1,200 patents, over 60 percent of which are invention patents, and has contributed to the formulation of multiple national and industry standards.
On the commercialization front, VELOBOTICS has already deployed its autonomous driving technologies and products across a range of sectors, including public safety, community services and intelligent mobility. Its autonomous vehicles have accumulated more than 130 million kilometers of commercial operation. In use cases such as emergency response, sanitation services and urban mobility, the company's solutions have proven scalable and capable of stable, round-the-clock operation, delivering tangible gains in efficiency and safety.
Globally, the evolution of autonomous technologies is increasingly intertwined with digitalization and intelligence, together reshaping production and service models across industries in what has become an irreversible trend. Leveraging a dual-engine approach that combines a technology platform with scenario-driven products, along with commercialization capabilities validated at scale, VELOBOTICS continues to strengthen a strategic loop centered on technology enablement, ecosystem building and value creation.
The completion of this funding round is expected to provide critical momentum for faster core technology iteration, broader high-end product offerings and deeper industrial partnerships, further reinforcing the company's leading position in the special-purpose autonomous driving space.
