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.

Is DeepWay a funded company?

DeepWay is a funded company, having raised a total of $282M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Aug 23, 2022.

When was the latest funding round of DeepWay?

DeepWay's latest funding was a $***** Series B round on Dec 26, 2024, with participation from 5 investors.

Where does DeepWay rank among its competitors?

DeepWay ranks 30th amongst 245 active competitors, of which 63 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Oxa, which secured $103M in Mar, 2026.

Who are the top competitors of DeepWay?

DeepWay's top competitors include Aurora, Kodiak Robotics and EKA. Among them, Oxa secured the most recent funding round in March, 2026.

DeepWay - 2026 Company Profile, Team, Funding & Competitors

DeepWay is a series B company based in Beijing (China), founded in 2002. It operates as a Manufacturer of electric heavy trucks and related intelligent driving systems. DeepWay has raised $282M in funding from investors like SBCVC, Qiming Venture Partners and Puhua Capital. The company has 245 active competitors, including 63 funded and 27 that have exited. Its top competitors include companies like Aurora, Kodiak Robotics and EKA.

Company Details

Manufacturer of electric heavy trucks and related intelligent driving systems. The company provides electric trucks designed for various logistical needs, including long-haul, port operations, and mountainous terrains. These vehicles incorporate intelligent systems to aid with driver safety, fleet management, and operational efficiency. The company also offers after-sales support, including remote diagnostics and emergency services.

Website: deepway.com
Email ID: *****@deepway.ai

Key Metrics

Founded Year

2002

Location

Beijing, China

Stage

Series B

Total Funding

$282M in 3 rounds

Latest Funding Round

Series B, Dec 26, 2024, $*****

Investors

SBCVC & 15 more

Ranked

30^th among 245 active competitors

Similar Companies

Aurora & 114 more

View DeepWay's full profile

DeepWay has raised a total funding of $282M over 3 rounds. Its first funding round was on Aug 23, 2022. Its latest funding round was a Series B round on Dec 26, 2024 for $*****. 5 investors participated in its latest round. DeepWay has 16 institutional investors.

Here is the list of recent funding rounds of DeepWay:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 26, 2024	6756487	Series B	9230169	6161896	1303548	8096886
Mar 28, 2023	3610834	Series A	9799564	7866468	4873694	Qiming Venture Partners
Aug 23, 2022	9669942	Series A	6410054	3783383	Qiming Venture Partners	Lenovo & 6 more

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Top competitors of DeepWay include Aurora, Kodiak Robotics and EKA. Here is the list of Top 10 competitors of DeepWay, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Aurora 2017, Mountain View (United States), Public	Developer of self-driving technology for integration into freight operations	$693M	Sequoia Capital, Index Ventures & 15 others	79/100
2nd	Kodiak Robotics 2018, Palo Alto (United States), Public	Developer of AI-powered ground autonomy solutions for trucking, defense, industrial	$165M	Aliya, BMW i Ventures & 14 others	73/100
3rd	EKA 2019, Pune (India), Series A	Platform offering electric commercial vehicles including trucks, buses, and small carriers	$179M	Mitsui, Enam Holdings & 6 others	72/100
4th	PlusAI 2016, Santa Clara (United States), Series C	Developer of autonomous driving technology for integration into factory-built trucks	$720M	FountainVest Partners, ClearVue Partners ... & 17 others	69/100
5th	TuSimple 2015, San Diego (United States), Public	AI-powered provider of self-driving solutions for trucks	$648M	Sina, Sina & 23 others	69/100
6th	Gatik 2017, Mountain View (United States), Series B	Operator of autonomous trucking solutions for middle-mile logistics operations	$152M	Innovation Endeavors, Avin Hub & 23 others	69/100
7th	Nikola Motor 2015, Phoenix (United States), Public	Developer of electric trucks	$760M	Bosch, CNH Industrial & 33 others	68/100
8th	Workhorse Group 2007, Cincinnati (United States), Public	Manufacturer of electric vehicles and related components for transportation solutions	$35.8M	ARK Investment Management, Capital Q Ventures ... & 4 others	68/100
9th	Einride 2016, Stockholm (Sweden), Series E	Provider of end-to-end solutions for electric and autonomous freight transport	$865M	Norrsken VC, Temasek & 35 others	68/100
10th	Oxa 2014, Oxford (United Kingdom), Series D	Online platform offering autonomy software for self-driving vehicles	$349M	BP Ventures, Google & 24 others	67/100
30th	DeepWay 2002, Beijing (China), Series B	Manufacturer of electric heavy trucks and related intelligent driving systems	$282M	Greater Bay Area Homeland Investments, Lenovo Capital and Incubator Group ... & 14 others	55/100