Chinese autonomous trucking company DeepWay raised ~$173M ahead of its planned Hong Kong IPO, filed in November 2025; DeepWay reported ~$215M in H1 2025 revenue
DeepWay Technology Co., a Chinese company that makes technology for heavy-duty trucking, has raised about 1.2 billion yuan …
Autonomous trucking startup Waabi raised a $200M Series B led by Uber and Khosla Ventures, after an $83.5M Series A in 2021, and aims for a full launch in 2025
Waabi has raised $200 million in a Series B funding round, led by existing investors Uber Technologies (UBER.N) and Khosla Ventures …
Nirvana Insurance, which uses AI, telematics, IoT, and 15B miles of trucking data to insure commercial truck fleets, raised a $57M Series B led by Lightspeed
Ingrid Lunden / TechCrunch :
Miami-based Lula, which offers insurance products to car sharing, trucking, and other industries, raised a $35.5M Series B, following an $18M Series A in 2021
Lula, a startup which aims to be the ‘Stripe for insurance,’ has raised $35.5 million in a Series B funding round after experiencing a massive surge in customers.
Autonomous trucking company Aurora Innovation raised $600M in a private placement of its stock, at $2.70/share, and plans a ~$220M public offering, at $3/share
Rebecca Bellan / TechCrunch :
Toronto-based Rose Rocket, which sells SaaS tools for trucking companies, raised a $38M Series B led by Scale Venture Partners, taking its total funding to $69M
Autonomous trucking software company Embark has lost ~98% of its market cap, or ~$5B, since going public via a SPAC merger in November 2021
Autonomous trucking software company Embark lost ~98% of its market value, or ~$5B, since going public a year ago via a SPAC merger, amid a sector-wide downturn
Out of all the beaten-down public companies in the autonomous driving space, Embark Technology stands out as a conspicuously terrible stock market performer.
Abu Dhabi-based on-demand trucking platform TruKKer, which matches shippers and freight carriers, raised $100M from Investcorp and others ahead of a planned IPO
Matthew Martin / Bloomberg :
Middle Eastern on-demand trucking platform TruKKer, which matches shippers and freight carriers, raised $100M from Investcorp and others ahead of a planned IPO
Middle Eastern logistics startup TruKKer raised $100 million from investors including Bahrain-based asset manager Investcorp …