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Nullmax

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Vision-based map-light autonomous driving and ADAS for OEMs

Huangpu, ChinaFounded 2016Transportation
Valuation $250–500M Last recorded · 2025
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Nullmax and the history behind them.

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 data

At 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

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Dec 2025 $19M $380M Undisclosed ↗
SERIES BOther financing Oct 2023 $107M $380M Yanshan Technology · Stonehill Technology ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Nullmax website traffic

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.

Latest monthly visits370 3-month web change+270% 1-year team growth+2.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • Desay Sv Automotive Scandinavia
  • Desay SV Automotive

Series A2 investors entered at this stage

  • Yanshan Technology
  • Stonehill Technology
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇨🇳 China76%
🇺🇸 United States12%
🇩🇪 Germany4%
🇯🇵 Japan4%
🇳🇱 Netherlands4%
5 countries shown

Market sentiment

Posts on X, past 7 days

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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