About DeepWay
DeepWay is a company based in Beijing (China) founded in 2002.. DeepWay has raised $282.01 million across 3 funding rounds from investors including Lenovo, Qiming Venture Partners and Zhongan Capital. DeepWay operates in a competitive market with competitors including PlusAI, Changsha Intelligent Driving Institute, Autra.tech, TrunkTech and RITS, among others.
- Headquarter Beijing, China
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$282.01 M (USD)
in 3 rounds
-
Latest Funding Round
$102.79 M (USD), Series B
Dec 26, 2024
-
Investors
Lenovo
& 14 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of DeepWay
DeepWay has successfully raised a total of $282.01M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $102.79 million completed in December 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 3
- Last Round Series B — $102.8M
-
First Round
First Round
(23 Aug 2022)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series B - DeepWay | Valuation | Zhongan Capital , Puhua Capital | |
| Mar, 2023 | Amount | Series A - DeepWay | Valuation | Weiqiaocy , SBCVC | |
| Aug, 2022 | Amount | Series A - DeepWay | Valuation | Qiming Venture Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in DeepWay
DeepWay has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Lenovo, Qiming Venture Partners and Zhongan Capital. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Health and technology startups are invested in by Puhua Capital.
|
Founded Year | Domain | Location | |
|
Venture capital funding is provided across multiple sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by DeepWay
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - DeepWay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Deepway Comparisons
Competitors of DeepWay
DeepWay 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 PlusAI, Changsha Intelligent Driving Institute, Autra.tech, TrunkTech and RITS, 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 |
Self-driving technology for commercial trucks is developed by PlusAI.
|
|
| domain | founded_year | HQ Location |
Self-driving technology for commercial vehicles is developed and provided.
|
|
| domain | founded_year | HQ Location |
AI-enabled autonomous trucks for logistics are developed.
|
|
| domain | founded_year | HQ Location |
Autonomous driving technologies are developed for commercial vehicles in logistics.
|
|
| domain | founded_year | HQ Location |
Self-driving solutions for vehicles
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Deepway
Frequently Asked Questions about DeepWay
When was DeepWay founded?
DeepWay was founded in 2002 and raised its 1st funding round 20 years after it was founded.
Where is DeepWay located?
DeepWay is headquartered in Beijing, China.
Who is the current CEO of DeepWay?
Wan Jun is the current CEO of DeepWay.
Is DeepWay a funded company?
DeepWay is a funded company, having raised a total of $282.01M across 3 funding rounds to date. The company's 1st funding round was a Series A of $67.25M, raised on Aug 23, 2022.
What does DeepWay do?
DeepWay was founded in 2002 in Beijing, China, and operates within the autonomous vehicle sector focused on freight logistics. Self-driving trucks are designed and developed for transporting goods between logistics parks and hubs. A motor distributed drive system is incorporated into the vehicles to support efficient operations in the transportation industry.
Who are the top competitors of DeepWay?
DeepWay's top competitors include PlusAI, Changsha Intelligent Driving Institute and Zhitu Technology.
Who are DeepWay's investors?
DeepWay has 15 investors. Key investors include Lenovo, Qiming Venture Partners, Zhongan Capital, Puhua Capital, and CCB trust.