"White Rhino" Closes Series C1 Funding to Accelerate Global Deployment of Industrial-Grade RoboVans | Linear Portfolio

White Rhino, the pioneer of automotive-grade RoboVans, recently announced the completion of its Series C1 funding round, taking pragmatic steps to move autonomous freight from "concept" to "reality."

White Rhino has made significant strides recently in both product mass production and scenario expansion: building the world's first RoboVan OEM; launching large-scale autonomous freight operations with Lalamove; and partnering with SF Same City Delivery to unlock high-timeliness instant delivery scenarios spanning supermarkets, fresh groceries, and retail.

Linear Capital led White Rhino's Pre-A round and has continued to back the company in multiple subsequent rounds.

On May 6, White Rhino announced the completion of its Series C1 round. The funding was jointly contributed by a strategic investor — a leading global logistics industrial capital firm — Shenzhen Nanshan Strategic Emerging Industry Investment, and returning shareholder Yuanhe Wanglao, among others. The proceeds will be primarily directed toward core technology R&D and iteration, mass production of automotive-grade products, multi-scenario commercial expansion, and global market deployment.

As the pioneer of automotive-grade RoboVans, this funding round represents not only capital markets' strong recognition of White Rhino's core technology and commercial potential, but also signals the accelerated maturation of a "technology + scenarios + capital" super-ecosystem. This will further solidify the company's industry position in autonomous freight and drive high-quality development across the intelligent logistics sector.

The investors in this round bring together deep industry expertise, government-backed tech enablement, and continued conviction from returning shareholders — forming a powerful convergence of capital and resources that lays a solid foundation for White Rhino's "technology + scenarios + capital" super-ecosystem.

The strategic investor is a global leader in logistics infrastructure and technology-enabled operations, with far-reaching presence in logistics warehousing, green computing power, and other domains, covering core regions with extensive scenario resources and operational experience. Following this investment, both parties will deeply integrate intelligent logistics scenarios, leveraging the investor's network and infrastructure advantages alongside White Rhino's L4 autonomous driving technology to advance large-scale autonomous freight deployment and create a benchmark for "technology + scenario" collaboration — bringing autonomous driving technology into every link of the logistics chain.

Shenzhen Nanshan Strategic Emerging Industry Investment, as a core government-backed force for tech innovation, will enable White Rhino to deepen its South China regional presence, accelerate technology commercialization, and help Shenzhen's Nanshan district build a domestically leading intelligent connected vehicle industry cluster.

The sustained confidence from capital markets stems from White Rhino's solid groundwork and impressive achievements in autonomous driving. Recently, the company has made notable progress across product mass production and scenario expansion, each step taken with conviction:

• April 2026: Jointly established a venture with Shineray Motors to create the world's first RoboVan OEM, successfully achieving full-chain breakthrough from technology R&D to mass production. This marks White Rhino's formal entry into a new phase of automotive-grade unmanned vehicle mass production, breaking down barriers between technology and manufacturing and providing solid assurance for large-scale unmanned vehicle deployment.
• April 2026: Launched large-scale autonomous freight operations with Lalamove in Linyi, Shandong, integrating the automotive-grade autonomous logistics vehicle White Rhino RX into the Lalamove platform to provide instant unmanned delivery services to C-end users and small-to-micro merchants. This successfully filled the market gap between "small parcels via errand services, large cargo via trucks," further broadening the application boundaries of autonomous freight.
• March 2026: Partnered with SF Same City Delivery in Weifang, Shandong, successfully unlocking high-timeliness instant delivery scenarios for supermarkets, fresh groceries, and retail — bringing autonomous driving technology into daily life and solving last-mile delivery pain points.

From technology R&D to mass production deployment, from scenario pilots to large-scale operations, White Rhino is taking pragmatic steps to move autonomous freight from "concept" to "reality," reshaping the logistics industry landscape through technological innovation.

The completion of this Series C1 round marks both a new starting point for White Rhino's development and a new beginning for its global journey.

Going forward, leveraging the capital and resources from this financing, White Rhino will continue focusing on L4 autonomous driving core technology R&D, steadily improving driving safety and stability in complex urban scenarios, and fully accelerating the mass production, marketing, and promotion of automotive-grade unmanned vehicles.

Simultaneously, the company will further deepen strategic alignment with new and existing shareholders, integrating global industrial resources with emphasis on high-value scenarios including same-city freight, instant delivery, and overseas markets — building a full-chain "technology + manufacturing + operations" layout committed to making logistics transportation more cost-efficient and human mobility safer and more economical.