Zelos Technology builds and operates self-driving delivery vehicles that handle last-mile logistics for retailers and e-commerce platforms. The company recently merged with Alibaba’s Cainiao autonomous driving unit, enabling it to operate two complementary brands under one corporate umbrella. Headquartered in Singapore, Zelos focuses on deploying low-speed, driverless vans and robots designed for urban package drop-offs. Management states the technology lowers delivery costs and improves fulfillment speed for partners such as Alibaba. Financially, the firm reached a $2 billion valuation after its latest raise and has cumulatively secured several hundred million dollars in capital. In October 2023 it closed a $100 million B4 round, bringing total Series B proceeds to $400 million, and it has historically attracted capital from Ant Group, Blue Lake Capital and CDH Investments. Zelos now intends to scale production, expand geographic coverage and deepen R&D in autonomous driving software and hardware.

Total raised

$497M

Funding rounds

3

Latest round

Equity

Latest activity

Feb 2026