# Deeproute

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

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Shenzhen, China
- Website: www.deeproute.ai
- Total disclosed funding: $450M
- Latest round: Series C (Nov 1, 2024)
- Investors on record: 13

## About

Based in Shenzhen, China, and founded in 2019, Deeproute is an artificial intelligence (AI) company that focuses on the R&D of self-driving vehicle technology. In December 2021, it launched Driver 2.0 and was deployed in cars in Shenzhen. It cooperated with Dongfeng Motor, Caocao Mobility, and others. In November 2024, Deeproute raised USD 100 million in series C funding led by new inestor Great Wall Motor.

Deeproute provides driving solutions for medium-duty trucks and robotaxis. The company's products include DeepRoute-LINK and DeepRoute-INJOY solutions. Its DeepRoute-Sense includes a slim vehicle roof box and advanced sensor fusion calibration service. The box contains 8 vehicle cameras, 3 LiDARs, GNSS, among other sensors, and the corresponding telecommunication and data synchronization controllers. Its perception technology assists with accurate interpretations of the vehicle’s surroundings.

The company generates revenue by developing self-driving vehicle technology.

The company will use the funds to accelerate the expansion of mass production. It will also launch the Vision-Language-Action Model next year.

## Funding rounds

- Series C, Nov 1, 2024, $100M — Great Wall Motor
- Series B, Sep 14, 2021, $300M — Alibaba Group, Yunqi Partners, Zhejiang Geely Holding Group Co., Ltd., Glory Ventures, Jeneration Capital, Fosun RZ Capital
- Series A, Nov 27, 2020 — Oriental Fortune Capital, Fosun RZ Capital, ZHRM Fund, Shanghai Insight Equity Investment Management Co.,Ltd.
- Seed, Sep 24, 2019, $50M — GSR Ventures, Green Pine Capital Partners, Ventech China, Yunqi Partners, Fosun RZ Capital

## Investors

- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Seed
- Green Pine Capital Partners (https://capitalatlas.ai/funds/green-pine-capital-partners) — Seed
- Ventech China (https://capitalatlas.ai/funds/ventech-china) — Seed
- Yunqi Partners (https://capitalatlas.ai/funds/yunqi-partners) — Seed, Series B
- Fosun RZ Capital (https://capitalatlas.ai/funds/fosun-rz-capital) — Seed, Series A, Series B
- Oriental Fortune Capital (https://capitalatlas.ai/funds/oriental-fortune-capital) — Series A
- ZHRM Fund — Series A
- Shanghai Insight Equity Investment Management Co.,Ltd. — Series A
- Alibaba Group — Series B
- Zhejiang Geely Holding Group Co., Ltd. — Series B
- Glory Ventures (https://capitalatlas.ai/funds/glory-ventures) — Series B
- Jeneration Capital (https://capitalatlas.ai/funds/jeneration-capital) — Series B
- Great Wall Motor (https://capitalatlas.ai/funds/great-wall-motor) — Series C