KargoBot announced that it has received CNY 600 million in funding from Inner Mongolia ERDOS Resources Co.,Ltd., CIMC Vehicles Co., Ltd., Ordos State Owned Assets Investment Holding Group Co., Ltd, Shenzhen Investment Holdings Co., Ltd, Beijing Horizon Robotics Technology Co., Ltd. and other investors
June 27, 2024
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KargoBot announced that it has received RMB 600 million in a round of funding on June 28, 2024. The transaction included participation from new investors, Inner Mongolia ERDOS Resources Co.,Ltd., CIMC Vehicles (Group) Co., Ltd., Ordos State Owned Assets Investment Holding Group Co., Ltd, and Shenzhen Investment Holdings Co., Ltd, returning investor, Beijing Horizon Robotics Technology Co., Ltd. and other strategic partners.
CIMC Vehicles Group Co Ltd is a China-based company principally engaged in the production, manufacturing and sales of semi-trailers, special-purpose vehicle tops and complete vehicles, refrigerated vans and complete vehicles. Its semi-trailer products include container frame vehicles, flatbed vehicles and their derivatives, side curtain semi-trailers, van semi-trailers, refrigerated semi-trailers, tank semi-trailers and special category semi-trailers. Special-purpose vehicle top and complete vehicle products include urban dump truck top and complete vehicles, concrete mixer top and complete vehicles. Semi-trailer and special vehicle parts include various parts in the operation and maintenance process of various models, mainly axles, tires, axle ends and braking systems. The Company conducts its businesses both in the domestic market and overseas markets.
KargoBot announced that it has received CNY 600 million in funding from Inner Mongolia ERDOS Resources Co.,Ltd., CIMC Vehicles Co., Ltd., Ordos State Owned Assets Investment Holding Group Co., Ltd, Shenzhen Investment Holdings Co., Ltd, Beijing Horizon Robotics Technology Co., Ltd. and other investors
CIMC VEHICLES (GROUP) CO., LTD. 
