DeepWay
Redefining heavy-duty trucking with intelligent electric vehicles.
Hefei, China · Founded 2020 · $701.7M raised
- Headquarters
- Hefei
- Employees
- 201–500
- Founded
- 2020
- Business Model
- B2B
- Website
- deepway.com
- Total Funding
- $701.7M
- Last Round
- $310.0M Venture RoundApr 2026
- Rounds
- 6
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
DeepWay Technology Co., Ltd. is a Chinese autonomous heavy-duty trucking company co-founded by Baidu and Lionbridge Financial Leasing in December 2020. Headquartered in Hefei, Anhui Province, DeepWay develops forward-engineering intelligent new-energy heavy trucks combining electric powertrains with L2+ to L4 autonomous driving technology. Its flagship DeepWay Star series has delivered over 8,020 units and ranked ninth in China's new energy heavy-duty truck market. The company has raised over $310 million across multiple rounds including Series A, Series B, and a Pre-IPO round led by PuHua Capital, and filed for an IPO on the Hong Kong Stock Exchange in late 2025.
Summary
DeepWay is an Autonomous Vehicles company based in Hefei, China, founded in 2020. It has raised $701.7M in total across 6 rounds, most recently a $310.0M Venture Round in Apr 2026. Investors include Stone Venture, Ultra Capital and S2G Ventures.
Tech & App Stack
3 technologies & apps tracked
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Funding History
Apr 2026
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Funding: Series A through Venture Round. Amounts, valuations, and investors where available.
Investors
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