TuSimple

About

TuSimple is a self-driving truck company developing technology that allows them to drive from depot-to-depot without human intervention.

San Diego,California,United States
501 - 1000
https://www.tusimple.com/

Highlights

Details

Last Funding Type: Series E
Last Funding Money Raised: $350M
Industries: Autonomous Vehicles,Electric Vehicle,Last Mile Transportation,Machine Learning,Transportation
Founded date: Jan 1, 2015
Number Of Employee: 501 - 1000
Operating Status: Active
Stock Symbol: nasdaq:TSP
Legal Name: TuSimple, Inc.
Also Known As: 图森未来

TuSimple is a self-driving truck company developing a technology that allows driving from depot to depot without human intervention.

The company's trucks are capable of self-driving from depot to depot and do so every day for its customers. It develops a commercial-ready Level 4 (SAE) fully autonomous driving solution for the logistics industry. The company is driven by a mission to increase safety, decrease transportation costs, and reduce carbon emissions.

In 2015, Jianan Hao, Mo Chen, and Xiaodi Hou headquartered the company in San Diego, California.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

12

$1.99B ¥50M

TuSimple has raised a total of $1.99B ¥50M in funding over 2 rounds. Their latest funding was raised on Apr 15, 2021 from a IPO round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Apr 15, 2021	IPO	$1.35B	—	—	—	Detail
Feb 4, 2021	Series Unknown	—	1	Goodyear Ventures	—	Detail
Jan 21, 2021	Corporate Round	—	1	U.S. Xpress Enterprises	—	Detail
Nov 30, 2020	Series E	$350M	8	Lavender Hill Capital Partners Limited VectoIQ LLC	—	Detail
Sep 23, 2020	Corporate Round	—	1	Traton	—	Detail

Investors

Number of Lead Investors

Number of Investors

11

22

TuSimple is funded by 22 investors. Goodyear Ventures and U.S. Xpress Enterprises are the most recent investors.

Investor Name	Lead Investor	Funding Round
Goodyear Ventures	Yes	Series Unknown
U.S. Xpress Enterprises	Yes	Corporate Round
Lavender Hill Capital Partners Limited	Yes	Series E
VectoIQ LLC	Yes	Series E
Traton	Yes	Corporate Round
CDH Investments	Yes	Series D
SINA Corporation	Yes	Series D
Cambium Grove Capital	—	Series E
Navistar	—	Series E
Sky9 Capital	—	Series E