G7 is an IoT solutions provider serving the traditional road freight industry. The company is based in China. G7 secured an aggregate of $200 million in a new funding round. The round was jointly led by private equity firm Trustbridge Partners and state-backed CS Capital. The article lists those two investors and does not disclose additional participants, operating metrics, valuation, or use of proceeds. No financing instruments or past rounds were specified in the article. G7 runs a proprietary connected platform that links trucks, shippers, fleet managers and drivers to streamline logistics operations. The company says it reaches 60,000 customers and 800,000 commercial vehicles worldwide, and counts 85% of China’s largest logistics providers as clients. It has partnered with industry players such as NIO and Total Energy Ventures to build out connected trucking and energy-related networks. G7 positions artificial intelligence in IoT, intelligent equipment and asset-as-a-service as key areas for future development. The company is eight years old and is using the latest funding to drive technological development across its platform.

Total raised

$520M

Funding rounds

2

Latest round

Equity

Latest activity

Feb 2022