DeepWay
Redefining heavy-duty trucking with intelligent electric vehicles.
Hefei, China · Founded 2020 · $391.7M raised
- 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.
Tech & App Stack
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Funding History
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Jan 2026
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Extension Round through Venture Round — per-round amounts, valuations, and who invested in each round.
Investors
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