Pan-port autonomous driving solution provider SENIOR closes A+ financing round

Beijing (Gasgoo)- China’s pan-port autonomous driving solution provider Senior.auto (SENIOR) announced on November 14 the completion of it’s A+ financing round, which raised the company over a hundred million yuan.

Photo credit: SENIOR

The fresh round was jointly led by Tsinghua Innovation Ventures and Winreal Investment, and participated by Estar Capital, GF Xinde Investment, and others. According to SENIOR, the proceeds from the A+ round will be put towards expanding its R&D investment, accelerating its business deployment and technology applications in the pan-port unmanned driving field.

Notably, SENIOR announced in December 2021 that it had landed hundreds of millions of yuan in its Series-A round of financing, which was led by TikTok’s parent company, ByteDance. The company has completed its Angel round and Pre-A round of financing in May 2020 and February 2021, successively.

Founded in 2020, the startup is headquartered in Beijing with R&D centers and operational entities in Shanghai, Ningbo, Tangshan, and Zhuhai. In June 2021, SENIOR has successfully inked the first L4 driverless commercialized paid-operation agreement with Daxie Merchants Port in Ningbo. Two months later, in August, the company signed another agreement with Jingtang Port in Tangshan.

As of 2022, SENIOR has completed its first chain deployment of a hundred-vehicle fleet on six major ports in China.