Rino.ai, an L4 autonomous driving company, has completed its C2 financing round, bringing the company’s total Series C funding to $100 million, according to a post on Rino.ai's WeChat account.
Image Source: Rino.ai
Key Takeaways
The proceeds from the C2 round will be used to advance Rino.ai’s L4 end-to-end technology and physical AI capabilities, expand its urban operating network and deepen ecosystem collaboration with industry partners.
Rino.ai has developed capabilities spanning algorithms, product definition and autonomous fleet deployment for L4 autonomous driving.
Rino.ai said it has established partnerships with major logistics and retail companies including SF Express, China Post, JD.com, SF Intra-city, Lalamove and Taobao Flash Delivery. It has delivered more than 5,000 autonomous logistics vehicles, with operations spanning nine application scenarios including express delivery and intra-city freight across more than 200 cities in China.
Rino.ai has delivered several thousand units of the RX model since the launch in April 2026. Its R24 has also begun customer deliveries and operations, while public-road testing is underway in some cities.
Technology and product development
At the algorithm level, Rino.ai is focusing on mapless autonomous driving and physical AI. Its mapless solution does not rely on high-definition maps and can be deployed citywide using standard navigation maps. In 2026, the company’s RX mapless solution began operating in multiple provinces and cities, including Shandong.
Physical AI is being developed as an extension of Rino.ai’s capabilities from autonomous driving toward embodied intelligence, with the aim of enabling vehicles to perform tasks beyond transportation.
Rino.ai and SF Express have jointly developed a dual-cage self-unloading vehicle that is already operating in SF Express transfer facilities. The vehicle can automatically load and unload transfer cages, enabling integrated loading, unloading and transportation operations.
At the product level, Rino.ai has built a product lineup covering urban distribution scenarios, including the automotive-grade RoboVan Rino RX and the Rino R24 autonomous light truck with a 24-cubic-meter cargo capacity.
Commercial and manufacturing model
Commercially, Rino.ai is pursuing a dual model combining technology licensing and transportation services. Rino Inside integrates its full-stack software, which the company says has been validated through tens of millions of kilometers of operation, into a standardized L4 integrated software-and-hardware solution available for licensing by automakers and logistics equipment companies. Under Rino FaaS, or fleet-as-a-service, Rino.ai provides transportation capacity directly to customers and handles vehicles, dispatching, maintenance and system updates, with customers paying based on actual delivery orders.
On the manufacturing side, Rino.ai has established Chongqing Xiaoxiang Zhixing Technology Co., Ltd. in a joint venture with Shineray Motors. The company, described as the world’s first RoboVan vehicle manufacturer, is already in production and has begun vehicle deliveries. On the battery side, Rino.ai is jointly developing dedicated batteries with Gotion JTM, a subsidiary of Gotion High-Tech.
