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White Rhino secures $100M in Series C2 funding led by Hidden Hill Capital to advance L4 autonomous delivery technology.

PRIVATEOct 09, 2026

Amount Raised

$100 Million

Round Type

Series C

TransportationAutomotiveLogistics

Investors

Shenzhen Major InvestmentXiangtan State-owned AssetsHunan CaixinWoori Financial GroupBozheng CapitalHidden Hill Capital

Description

White Rhino, an L4 autonomous delivery company, announced completion of its Series C2 financing on October 8, raising $100 million. The round is led by Hidden Hill Capital, a private equity platform under GLP, with follow-on investors including Xiangtan State-owned Assets, Shenzhen Major Investment, Hunan Caixin, Woori Financial Group of South Korea, and Bozheng Capital. This brings the total Series C round to $100 million, approximately 5 months after the company completed its Series C1 financing in May. Founded in 2019, White Rhino develops L4 autonomous driving solutions focused on unmanned delivery on urban public roads.

Quick answer

White Rhino raised $100 Million in a Series C round, dated October 9, 2026. Investors: Shenzhen Major Investment, Xiangtan State-owned Assets, Hunan Caixin, Woori Financial Group, Bozheng Capital and Hidden Hill Capital.

How much did White Rhino raise?
White Rhino raised $100 Million in a Series C round on October 9, 2026.
Who invested in White Rhino?
Shenzhen Major Investment, Xiangtan State-owned Assets, Hunan Caixin, Woori Financial Group, Bozheng Capital and Hidden Hill Capital are named as investors in this round.
What does White Rhino do?
White Rhino is an L4 autonomous driving solution provider founded in 2019 that specializes in unmanned delivery on urban public roads.

Source: Fundz verified event record.

Who else raised in Transportation and Automotive around the same time

Companies in the same sectors as White Rhino that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $400M (Debt Financing) on October 9, 2026.
  • Bisedge raised $11M (Debt Financing) on October 15, 2026.
  • Parallel Systems, Inc. raised $100M (Series C) on October 7, 2026.
  • Drivn raised $4.7M (Seed) on September 21, 2026.
  • Depotcharge raised $3.1M (Pre-Seed) on September 15, 2026.
  • Applied EV raised $30M (Series B) on August 25, 2026.

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Company Information

Company

White Rhino

About

White Rhino is an L4 autonomous driving solution provider founded in 2019 that specializes in unmanned delivery on urban public roads. The company develops autonomous driving products and services, focusing on physical AI capabilities that enable vehicles to perform practical work beyond transportation. White Rhino has collaborated with SF Express to develop self-unloading vehicles for logistics operations. The company is expanding its urban operation network and industrial ecosystem partnerships.

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White Rhino raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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