A nascent Nuro challenger from China has its sight set on the delivery market in the US and has just raised some seed funding to advance its ambitions.
Whale Dynamic, a Shenzhen-based autonomous delivery startup founded by Baidu veteran David Chang, says it has closed a seed round of about $2.5 million. Qianchuang Capital, a Beijing-based investment firm managed by veterans from China’s leading financial institutions, led the round, with participation from Shangbang Huizhong, a Chinese fund backed by real estate developers.
Founded in 2018, Whale Dynamic is developing Nuro-like driverless delivery vans that are meant to do away with the steering wheel and driver’s seat. And like Nuro, whose delivery bots are made by BYD, it contracts a …
