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Nullmax
Vision-based map-light autonomous driving and ADAS for OEMs
About Nullmax
Nullmax is an artificial intelligence technology company specializing in autonomous driving and advanced driver-assistance systems (ADAS) for the global automotive market. Founded in Silicon Valley in 2016 by CEO/CTO Dr. Lei Xu and COO Justin Song, the company also has a significant R&D center in Shanghai. Both founders are veterans of Tesla; Xu was a core member of the Autopilot team, leading the Tesla Vision deep learning project, while Song also worked on Autopilot and the car's infotainment system.
The company focuses on a "Machine Learning First" (MLF) and vision-centric approach, developing full-stack autonomous driving systems that do not rely on high-precision maps or lidar. Its core technology, Nullmax Intelligence, is designed to perceive and navigate like a human by processing visual data, sound, and text to perform obstacle detection and real-time 3D reconstruction. This allows the system to be cost-effective, enabling advanced driver-assist features on hardware with lower computing power. Nullmax also utilizes AI-Generated Content (AIGC) to create virtual data for training and accelerating model development.
Nullmax provides a range of solutions under its MaxDrive product line, which caters to various levels of automation, from active safety features to full-scenario autonomous driving for urban environments. The company's business model is centered on supplying its software and hardware solutions to automotive original equipment manufacturers (OEMs) and Tier 1 suppliers. It has established partnerships with several major automakers, including SAIC and Chery, and has achieved mass production on multiple vehicle models. As a privately held company, Nullmax is backed by investors including Shanghai Stonehill Technology, Desay SV, FutureX Capital, and Yanshan Capital, securing $110 million in a 2023 funding round to scale production and R&D.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Huangpu, China
- Employees
- 41
- Open positions
- None listed
- Dealroom signal
- 52.2/100
- Industry
- Transportation
- Sub-industry
- Autonomous & Sensor Tech
- Sector
- Transportation, Core AI, Autonomous Mobility, AV Software, AI Applications, DT and LS, science-based
- Technology
- Artificial Intelligence, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
- Investment activity
- 1 company
- Capital deployed
- —
- Preferred round
- Unknown
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Dec 2025 | $19M | $380M | Undisclosed | ↗ |
| SERIES BOther financing | Oct 2023 | $107M | $380M | Yanshan Technology · Stonehill Technology | ↗ |
Growth signals
Latest recorded traffic for Nullmax is 370 monthly website visits, up 270% over the last three months. Nullmax's team grew 2.5% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
- DSDesay Sv Automotive Scandinavia
Desay SV Automotive
Series A2 investors entered at this stage
- YTYanshan Technology
- STStonehill Technology
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Nullmax on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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