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TuSimple Seeking $250 Million Capital Raise

TuSimple, a self-driving truck startup is seeking new capital once again from investors. Backed by Sina, Nvidia, UPS and Mando Corporation, the company recently hired Morgan Stanley to help raise $250 million. The capital raise comes at this time as TuSimple begins to see rival companies growing at a rapid rate while the startup itself has been growing quietly over the past 5 years. While the industry is gaining popularity and traction, TuSimple understands the need to continue the gathering of data in order to stay ahead of the curve. Do you believe autonomous trucks will hit the road within the next few years across the country? 

 

 

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