# DeepDrive

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/deepdrive

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Garching bei Munchen, Germany
- Website: www.deepdrive.tech
- Total disclosed funding: $54M
- Latest round: Series B (Jul 23, 2024)
- Investors on record: 6

## About

Based in Munich, Germany, and founded in 2021 by co-founders Stefan Ender, Felix Poernbacher, Markus Domme, Alexander Rosen, Christopher Römmelmayer, and Maximilian Habersbrunner, DeepDrive GmbH offers a platform that develops a powertrain intended to make electric mobility simple, modular, and ultra-efficient. In September 2024, DeepDrive GmbH raised EUR 30 million in series B funding led by new investor Leitmotif, with participation from returning investors BMW i Ventures, Continental AG, Unternehmertum Venture Capital, and Bayern Kapital. As of March 2023, the company has a team of 31 employees. DeepDrive GmbH develops powertrains for electric vehicles that allow the motor to be integrated into the wheel. Its electric vehicle platform combines all driving functions of an electric car in a flat and scalable platform, which is fully plugged and played and enables anyone to build vehicle concepts on top. The company plans to use the September 2024 funding to enhance and modernize production facilities.

## Funding rounds

- Series B, Jul 23, 2024, $33M — Continental AG, BMW i Ventures, Bayern Kapital, Unternehmertum Venture Capital, Leitmotif
- Series A, Mar 16, 2023, $16M — BMW i Ventures, Bayern Kapital, Unternehmertum Venture Capital, Continental
- Seed, Feb 4, 2022, $4.9M — Bayern Kapital, Unternehmertum Venture Capital

## Investors

- Bayern Kapital (https://capitalatlas.ai/funds/bayern-kapital) — Seed, Series A, Series B
- Unternehmertum Venture Capital (https://capitalatlas.ai/funds/unternehmertum-venture-capital) — Seed, Series A, Series B
- BMW i Ventures (https://capitalatlas.ai/funds/bmw-i-ventures) — Series A, Series B
- Continental — Series A
- Continental AG — Series B
- Leitmotif (https://capitalatlas.ai/funds/leitmotif) — Series B