Recently, Zelos, a global leader in the development and application of urban distribution autonomous driving products, successfully completed a Series B1 financing round of $100 million. This round of financing was led by CDH Investments and Blue Lake Capital, with other existing shareholders following suit.

Established in August 2021, Zelos is dedicated to the practical application of Level 4 (L4) autonomous driving technology in urban distribution logistics scenarios. The company integrates autonomous driving research and development, production, and logistics operations, providing enterprise customers with scalable, low-cost, and high-efficiency transportation solutions, as well as truly driverless autonomous driving transportation services. Zelos possesses a deep underlying systematic capability in L4 algorithm development, product development, vehicle delivery, and sales operations and maintenance, achieving full self-development of hardware and software modules, and has built three major technical platforms: an intelligent platform, a vehicle platform, and an electrification platform. In 2023, Zelos launched the world's first L4-level urban distribution mass production product - the Zelos Z5 series - and has been continuously updating and iterating. In June 2024, it released four L4-level autonomous vehicles, Z2, Z5, Z8, and Z10, to meet the needs of different scenarios and cargo capacities. Currently, over a thousand Zelos autonomous urban distribution vehicles have been put into operation in more than 130 cities, with a cumulative order volume exceeding 100 million, helping customers reduce operational costs by an average of 62%.

CDH Investments is a specialised investment platform that focuses on the technology sector, with a keen interest in intelligent driving and artificial intelligence industries. Llinks Law Offices, serving as the legal advisor to CDH Investments, leveraged its extensive experience in investment and financing to assist CDH Investments in communicating with the company, designing transaction structures, drafting transaction documents, and facilitating the successful closing of the project, providing professional and efficient legal services.

Llinks Engagement Team

Selena She, Partner

Colin Shi, Partner

Joyce Zhang, Contractual Partner