TuSimple was founded in 2015 by Xiaodi Hou. The company has not officially endorsed a plan to participate in an IPO.
TuSimple is an autonomous vehicle development company focusing on creating trucks for depot to depot logistics solutions. The company has raised over $400 million in Venture Capital funding from investors including Mando, Nvidia, UPS Ventures, IDG Capital, WeiVC, and Plug and Play Tech Center. Per company press releases, TuSimple last raised $215 million in September 2019 at a post-money valuation of $1.25 billion