Fundraise

Sinian raises $44M Series C as autonomous trucking heats up

What's the deal? Chinese autonomous trucking company Sinian Smart Driving has raised 300 million yuan ($44 million) in a Series C round co-led by Xingcheng CapitalDealroom has a profile for this one. Try Dealroom → and Yida CapitalDealroom has a profile for this one. Try Dealroom →. The money will primarily fund research into a next-generation, automotive-grade autonomous driving system.

What does it do? Founded in 2020, Sinian develops driverless technology for heavy-load logistics. Its product line spans autonomous container trucks, dump trucks, and flatbed trucks, built on a self-developed autonomous driving system and core hardware including domain controllers and positioning boards.

Why now? The sector is heating up sharply. In the first half of 2026, the space saw five disclosed funding rounds totalling nearly 7 billion yuan, alongside a dense wave of IPOs, as closed environments like ports, mines, and steel plants generate steady demand for driverless trucks.

What's the endgame? Closed sites remain the core commercial base, but chief executive officer He Bei expects open-road trunk logistics to grow faster. The company is pushing its domain controllers from non-automotive-grade to automotive-grade, which He calls "the brain" of driverless trucks.

What could go wrong? Open roads bring long-distance vibration, wide temperature swings, and electromagnetic interference, sharply raising failure risk for non-automotive-grade parts. Data volumes are also one to two orders of magnitude higher than in closed settings, requiring Sinian to gather more data and refine its models.

Where next? Sinian is expanding abroad, having secured a domain-controller project with an overseas major player. He said orders concentrate in developing regions where labour is cheap and driverless tech offers efficiency gains, rather than developed markets slowed by union resistance.

The signal: The round reflects a maturing consensus in the sector — solidify the closed-site base, then clear the automotive-grade bar on open roads before scaling to the next tier. On IPOs, He is measured, predicting the market may tighten in the second half of 2027.

Read more: 36Kr

Image credit: Generated with Gemini

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