Plus.ai, an autonomous trucking startup based in the U.S. and China, is in talks to raise $60 million, the Information reported.
Hong Kong-based investment and securities firm Guotai Junan International would lead the raise, according to the Information, and it would put Plus.ai’s valuation in the range of $600 million to $1 billion.
Plus.ai did not immediately return FreightWaves’ request for comment.
In 2019 Plus.ai reportedly held discussions with SoftBank to raise $200 million, but the raise...
https://www.freightwaves.com/news/plusai-reportedly-seeking-$60m