Big round · 20 October 2026

Neolix raises $400M Series E led by Boyu Capital

By Millionrounds ResearchPublished 21 October 2026Updated 25 October 2026

Neolix, based in China, has raised $400M in a Series E led by Boyu Capital, China's National Artificial Intelligence Industry Investment Fund and China National AI Industry Investment Fund, announced on 20 October 2026. 3 other investors joined. It is the 137th largest equity round we recorded in the twelve months to that date, and the 15th largest Series E of 40. Its previous round on record was a venture round in February 2026, 9 months earlier.

Raised$400M2 sources reported it
StageSeries E2 earlier rounds on record
Investors63 named as lead
Where CNChina

AIAutomotive & EVsDelivery

How big is it?

Against every equity round we recorded in the twelve months to 20 October 2026. Ranks count companies, so the same raise reported twice is counted once.

#137equity round of the last twelve months
#15Series E of 40 in that time
#6round in China, of 35
This round$400M
Median Series E$290M

1.4 times the median Series E of the last twelve months.

Who invested

Also in the round

Funding history

  1. October 2026Series E$400M
  2. February 2026VentureUndisclosed
  3. May 2019Series A$15M

$415M raised across the 3 rounds we hold.

Reported by

  1. TechNode20 October
  2. startuprecipe.co.kr25 October

The round's figures come from these reports; each link opens the original.

Other big rounds that week

Kalshi$1.0B Series GPPathos AI$237M Series EWWarhound$200M SeedWWarp Sciences$215M Series AXona$250M Series DTractian$130M Series D
The companyNeolix on Millionrounds→Weekly roundupWeek of 19 October→Monthly roundupOctober 2026→