Inceptio Technology is a Chinese developer of autonomous driving technologies for heavy-duty trucks. The company partnered with two Chinese OEMs to mass-produce Level 3 autonomous trucks starting in late 2021, and its trucks are operated across a nationwide line-haul logistics network in China by customers including Budweiser, Nestle, JD Logistics, and Deppon Express. In 2022, Inceptio Technology received a permit for testing Level 4 driverless autonomous heavy-duty trucks on public roads.[1] The company is based in Shanghai, China and operates a Silicon Valley R&D center in Fremont, California.
History
Inceptio Technology was founded in 2018 by Julian Ma.
In April 2020, Inceptio Technology raised a $100 million Series A round from logistics firm GLP and fleet management platform G7.[2] Subsequently, the company raised a $120 million venture round led by Chinese electric vehicle battery maker CATL