Beijing TrunkTech Co. Ltd. Asset Profile

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Year established

2017

Location

Beijing China

Primary Industry

Software

About

Based in Beijing, China and established in 2017, TrunkTech is a developer of self-driving technology, which is committed to building artificial intelligence logistics network NATS. The company's CEO Dr. Tianlei Zhang graduated from Tsinghua University. He has 15 years of driverless research experience and participated in the R & D of more than 10 unmanned vehicles. It has partnerships with China Reserve Smart Transportation, Deppon Logistics Co., Ltd., STO Express, SF Express and JD.com. In May 2024, it closed a strategic funding. The company has built 20 art artificial intelligence transportation robots and 13 unmanned trucks. It provides solutions for high-speed trunk logistics and freight transportation. Its Trunk Cloud platform is an operation of autonomous trucks, that includes fleet management, remote supervision, 5g remote driving and operation data analysis. The company generates revenue by providing L4 autonomous truck services, which include leasing and operating autonomous trucks for logistics purposes. The company will use the strategic funding to promote the research and development and mass production of autonomous driving technology and driverless products.

Current Investors

Eastern Bell Capital, NIO Capital, Qjy Capital

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Primary Industry

Software

Sub Industries

Trucking, Analytics & Performance Software, Logistics Software

Website

www.trunk.tech

Verticals

Artificial Intelligence, Cloud Computing, IoT (Internet of Things), Manufacturing

Company Stage

Series B

Total Amount Raised

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