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G7 Networks company logo
Corporation
INTERNET | Internet Software & Services / Supply Chain & Logistics
g7.com.cn

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Founded Year

2006

Stage

Series F | Alive

Total Raised

$510M

Last Raised

$320M | 3 yrs ago

Mosaic Score

+10 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About G7 Networks

G7 Networks is a logistics big data company providing real-time tracking, analysis, and management of trucking fleets.

G7 Networks Headquarter Location

305, Block A, Building 2, Guiguliangcheng Nongda South Road No.1, Haidian District

Beijing, Beijing,

China

+86 010-62667878

Latest G7 Networks News

GLP-Backed Autonomous Trucking Startup Inceptio Secures $100M Round

Apr 30, 2020

April 30, 2020 — 21:56 Inceptio Technology, a Chinese autonomous driving truck start-up, has raised US$100 million financing with undisclosed investors, according to a company announcement. At the same time, the A-sample validation was conducted together with Dongfeng Commercial Vehicle Co., Ltd. It is a key milestone of productization in China autonomous driving industry and marks a solid step taken by Inceptio in volume production of L3 autonomous trucks in accordance with its set timeline. Co-founded by China’s leading IoT company G7, Global Logistic Properties Ltd(GLP), and NIO Capital in April 2018, Inceptio Technology is dedicated to build a nation-wide freight network using autonomous driving trucks. It develops proprietary autonomous technology for trucks and provides a more secure, efficient and economical Transportation-As-A-Service (TaaS) to logistic customers. The Shanghai-base firm has partnered with domestic OEMs in volume production of autonomous trucks. Its L3 autonomous heavy-duty trucks are planned to be rolled off from the OEM production line by the end of 2021. To date, more than 100 logistics and freight companies had already signed up for Inceptio’s Smart Truck Asset Service. Founder and CEO of G7 Networks Limited, Mr. Sherman Zhai said: "The autonomous trucking network built upon big data and artificial intelligence will become a pay-as-you-go infrastructure service in the logistics industry. G7 is willing to share its deep understanding of the logistics industry and customer needs with Inceptio. Leveraging on G7’s well established Big Data Analytics and network of service, we join hand in hand to usher in the new era of ‘Mobility as a Service’.” Mr. Ming Mei, Co-founder and CEO of GLP, said: " Inceptio has gathered top talents across the fields of autonomous driving, vehicle engineering and logistics operations. They are among the most capable teams for realizing autonomous driving in logistics. Together with Inceptio, GLP will leverage its asset management strengths to build an exceptional intelligent Asset as a Service platform." Mr. Jielong Zhang, Chief Financial Officer of Inceptio said: "The world is experiencing changes brought on by disruptive technology in the scale never seen before, whilst the world is also facing challenges in multiple fronts. Despite unprecedented difficulties due to COVID-19 pandemic, we are proud that Inceptio team, our investors and our industry partners across locations in Shanghai, Wuhan and Silicon Valley were able to close capital raising and deliver product milestone on schedule. We look forward to working with more partners, together We Make Logistics Graceful!"

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Research containing G7 Networks

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned G7 Networks in 1 CB Insights research brief, most recently on Nov 10, 2021.

Expert Collections containing G7 Networks

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

G7 Networks is included in 2 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

3,785 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

A

Auto & Mobility Tech

413 items

We define trucking tech broadly as companies developing technology-enabled services and products focused on the freight trucking industry, such as trucking-oriented marketplace platforms, fleet management solutions, and onboard monitoring and tracking systems.

G7 Networks Patents

G7 Networks has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/18/2011

6/4/2013

Children's educational video games, DOS games, Machine learning, Classification algorithms, Educational psychology

Grant

Application Date

8/18/2011

Grant Date

6/4/2013

Title

Related Topics

Children's educational video games, DOS games, Machine learning, Classification algorithms, Educational psychology

Status

Grant

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