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SHANGHAI, April 15, 2021 /PRNewswire/ Sky9 Capital, a venture capital firm investing in Chinese start-ups, announces the flotation of its portfolio company TuSimple on the Nasdaq stock exchange today under the ticker symbol TSP at a market capitalization of $8.49 billion.
TuSimple is the global leader in autonomous trucking and is revolutionizing the $4 trillion global truck freight market. Founded in 2015, it has developed a fully integrated software and hardware solution enabling what is believed to be the world s most advanced Level 4 driver-out autonomous semi-truck technology.
Sky9 team with TuSimple co-founder Mo Chen at TuSimple IPO event. From left to right: David Liu, Vice President of Sky9 Capital, Mo Chen, Co-founder and Executive Chairman of TuSimple, and Ron Cao, Founder and Partner of Sky9 Capital.
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