About DeepDrive
DeepDrive is a company based in Munchen (Germany) founded in 2021 by Alexander Rosen, Stefan Ender, Maximilian Habersbrunner, Markus Domme, Dean Petrovski, Felix Poernbacher, and Christopher Rommelmayer.. DeepDrive has raised $54.35 million across 4 funding rounds from investors including Continental, EIT Urban Mobility and Bayerisches Landesportal. DeepDrive operates in a competitive market with competitors including LEEKR, Applied EV, REE, Open Motors and QUADROBOT, among others.
- Headquarter Munchen, Germany
- Founders Alexander Rosen, Stefan Ender, Maximilian Habersbrunner, Markus Domme, Dean Petrovski, Felix Poernbacher, Christopher Rommelmayer
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Deepdrive Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$54.35 M (USD)
in 4 rounds
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Latest Funding Round
$33.38 M (USD), Series B
Sep 19, 2024
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Investors
Continental
& 9 more
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Employee Count
Employee Count
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Funding Insights of DeepDrive
DeepDrive has successfully raised a total of $54.35M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $33.38 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $33.4M
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First Round
First Round
(14 Feb 2022)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series B - DeepDrive | Valuation | Leitmotif | |
| Mar, 2023 | Amount | Series A - DeepDrive | Valuation | BMW i Ventures , Co-pace | |
| Jun, 2022 | Amount | Grant - DeepDrive | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in DeepDrive
DeepDrive has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Continental, EIT Urban Mobility and Bayerisches Landesportal. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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A venture capital firm focused on decarbonization startups.
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Founded Year | Domain | Location | |
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BMW i Ventures is focused on investing in automotive technology startups.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by DeepDrive
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - DeepDrive
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Deepdrive Comparisons
Competitors of DeepDrive
DeepDrive operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as LEEKR, Applied EV, REE, Open Motors and QUADROBOT, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Full-stack vision processing solutions for autonomous driving are provided.
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| domain | founded_year | HQ Location |
Programmable autonomous solar-powered electric vehicle platforms are developed.
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| domain | founded_year | HQ Location |
Software-defined electric vehicle platforms are manufactured for commercial fleets.
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| domain | founded_year | HQ Location |
AI-enabled autonomous electric vehicles and battery swapping solutions are developed.
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| domain | founded_year | HQ Location |
Creates re-invented electric vehicles as mobile infrastructure for smart cities.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Deepdrive
Frequently Asked Questions about DeepDrive
When was DeepDrive founded?
DeepDrive was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is DeepDrive located?
DeepDrive is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Who is the current CEO of DeepDrive?
Stefan Ender is the current CEO of DeepDrive. They have also founded this company.
Is DeepDrive a funded company?
DeepDrive is a funded company, having raised a total of $54.35M across 4 funding rounds to date.
What does DeepDrive do?
DeepDrive was founded in 2021 in Munich, Germany, within the electric vehicle sector. An autonomous plug-and-play modular platform is developed, featuring power ranges from 150 to 1800 kW, 18-inch rims integrated with inverters, and additional components. Solutions are tailored for applications including buses and trucks, supporting scalable electric mobility operations across Europe.
Who are the top competitors of DeepDrive?
DeepDrive's top competitors include Applied EV, REE and LEEKR.
Who are DeepDrive's investors?
DeepDrive has 10 investors. Key investors include Continental, EIT Urban Mobility, Bayerisches Landesportal, Leitmotif, and BMW i Ventures.