How much funding has DeepWay raised?

DeepWay has raised $391.7M in total funding, most recently a Venture Round.

Who are DeepWay's investors?

DeepWay's investors include Ultra Capital, S2G Ventures, Legend Capital, Zhejiang Puhua Tianqin Equity, Puhua Capital.

Where is DeepWay headquartered?

DeepWay is headquartered in Hefei, China.

What industry is DeepWay in?

DeepWay operates in Autonomous Vehicles, Logistics, Artificial Intelligence.

DeepWay

Redefining heavy-duty trucking with intelligent electric vehicles.

Hefei, China · Founded 2020 · $391.7M raised

Autonomous Vehicles

Logistics

Artificial Intelligence

Headquarters: Hefei
Employees: 201–500
Founded: 2020
Business Model: B2B

Website: deepway.com
Total Funding: $391.7M
Last Round: $173.0M Venture RoundJan 2026
Rounds: 3

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 $391.7M in total across 3 rounds, most recently a $173.0M Venture Round round in Jan 2026. Investors include Ultra Capital, S2G Ventures and Legend Capital.