Deepway

Automobiles, Other Vehicles & PartsSeries BHefei, Chinadeepway.com

Latest round

Series B

Last raised

Dec 2024

Total raised

$282M

Investors

15

About Deepway

, dba Deepway, operates as an automobile manufacturing company that focuses on the production and sales of intelligent new energy trucks. It was recognized as the National High-tech Enterprise. The chairman and CEO, Jun Wan, is the founder of Lionbridge Group. Deepway was jointly built by Baidu and Lionbridge. In July 2022, the company launched the first body-in-white truk. The company's new energy trucks adopt the concept and structure of distributed drive, low wind resistance, battery-chassis integration and modular design of hydrogen-electric same platform and is equipped with L3 level of assisted driving. DeepWay's first intelligent new energy heavy truck adopts three modes, including charging, power exchange and hydrogen energy. Under the charge and exchange mode, the vehicle can have a range of 300 km under a full load of 49 tons. DeepWay's first product, DeepWay Star, is equipped with DeepWay's self-developed HIS system, which meets the demand for large-scale commercial mass production of L3-level autonomous driving and can accumulate data to help iterate to L4. The company generates revenue by selling intelligent new energy trucks. The company generates revenue by selling intelligent new energy trucks and developing auto-driving AI.

Who invested in Deepway

15 investors across 3 rounds

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Funding rounds

  1. Series B

    Dec 26, 2024

    Amount

    $103M

    Investors

    Locked

  2. Series A

    Mar 28, 2023

    Amount

    $112M

    Investors

    Locked

  3. Series A

    Aug 23, 2022

    Amount

    $67M

    Investors

    Locked

Questions about Deepway

Who invested in Deepway?

Deepway has 15 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Deepway raised?

Deepway has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Deepway last raise money?

Deepway's most recent round on record is a Series B, in Dec 2024.

What does Deepway do?

, dba Deepway, operates as an automobile manufacturing company that focuses on the production and sales of intelligent new energy trucks.

Where is Deepway headquartered?

Deepway is headquartered in Hefei, China.

Which VCs invest in companies like Deepway?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back automobiles, other vehicles & parts companies at Deepway's stage. Their profiles are linked below.

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