White Rhino received 50 million Pre A+ round of financing

White Rhino, a delivery company, announced the completion of a RMB 50 million PreA+ round of financing. Investors in this round include Cableway Capital, Changan Private Capital, and Cornerstone Capital. Old shareholder Linear Capital, as a Pre-A round investor, over-invested in this round of financing. White Rhino CEO Zhu Lei said, "Our goal is to achieve 5,000 unmanned vehicles operating daily on public roads within five years starting from 2022." White Rhino was founded in April 2019. At present, White Rhino's unmanned delivery fleet has been tested and operated in cities such as Beijing, Shanghai, Chengdu, and Shenzhen, with a daily active volume of dozens of vehicles.