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§ Private Profile · Beijing, Beijing, China
Developer and manufacturer of intelligent electric heavy-duty trucks for commercial freight logistics, focused on autonomous driving technology.
Based in Hefei, China, DeepWay develops and manufactures intelligent electric heavy-duty trucks equipped with progressive autonomous driving capabilities for the commercial freight logistics sector. The manufacturer has scaled its production significantly, delivering more than 3,000 vehicles as of December 2024 compared to just over 500 units in the previous year. DeepWay serves major industrial clients such as battery giant Contemporary Amperex Technology (CATL), whose operations have utilized these vehicles to complete over 100 million kilometers in trunk transport. Ahead of a planned Hong Kong Stock Exchange initial public offering, the enterprise secured 1.177 billion yuan in pre-IPO funding. This capital adds to a 750 million yuan Series B round and a 779 million yuan Series A+ round backed by investors including Baidu, Zhongan Capital Management, and Puhua Investment. DeepWay was founded in 2020 by Wan Jun.
DeepWay has raised $287.5M across 3 funding rounds.
DeepWay has raised $287.5M in total across 3 funding rounds.
DeepWay has raised $287.5M across 3 funding rounds. Most recently, it raised $172.2M Other Equity in January 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 26, 2026 | $172.2M Venture Round | — | ABC Impact | Announced |
| Mar 28, 2023 | $111.9M Series A | SBCVC, Weiqiao Pioneering Group | Qiming Venture Partners | Announced |
| Aug 23, 2022 | $3.4M Series A | Alex Zhou | CCB Trust, Empowtech Capital, Huagai Capital, TH EDU Capital, Sharon Xiao | Announced |
DeepWay has raised $287.5M in total across 3 funding rounds.
DeepWay's investors include ABC Impact, SBCVC, Weiqiao Pioneering Group, Qiming Venture Partners, Alex Zhou, CCB Trust, Empowtech Capital, Huagai Capital, TH EDU Capital, Sharon Xiao.