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. Its primary sector is Electric Vehicles. In China, the Electric Vehicles sector has seen $514M in funding in 2026 to date.

Where does DeepWay rank among its competitors?

DeepWay ranks 25th amongst 287 active competitors, of which 67 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Gatik, which secured $200M in Aug, 2026.

Who are the top competitors of DeepWay?

DeepWay's top competitors include Aurora, EKA and Einride. Among them, Gatik secured the most recent funding round in August, 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 287 active competitors, including 67 funded and 30 that have exited. Its top competitors include companies like Aurora, EKA and Einride.

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

25^th among 287 active competitors

Similar Companies

Aurora & 123 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	6172888	Series B	1543316	3948689	6345499	3170179
Mar 28, 2023	1240239	Series A	2553770	3090523	7951809	Qiming Venture Partners
Aug 23, 2022	3989277	Series A	3996729	9992073	Qiming Venture Partners	Lenovo & 6 more

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Top competitors of DeepWay include Aurora, EKA and Einride. 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	Amazon, Hyundai & 15 others	78/100
2nd	EKA 2019, Pune (India), Series A	Manufacturer of electric buses trucks and small commercial transport vehicles	$179M	Mitsui, NIIF & 6 others	76/100
3rd	Einride 2016, Stockholm (Sweden), Series E	Provider of electric and autonomous freight transportation solutions	$865M	Northzone, EQT & 37 others	74/100
4th	TuSimple 2015, San Diego (United States), Public	AI-powered provider of self-driving solutions for trucks	$648M	Sina, Sina & 23 others	73/100
5th	Gatik 2017, United States, Series D	Operator of autonomous trucking solutions for middle-mile logistics operations	$500M	Innovation Endeavors, Koch Disruptive Technologies ... & 27 others	70/100
6th	PlusAI 2016, Santa Clara (United States), Series C	Developer of autonomous driving technology for integration into factory-built trucks	$720M	Amazon, FountainVest Partners & 18 others	69/100
7th	Waabi 2021, Toronto (Canada), Series C	Developer of physical artificial intelligence platform for autonomous trucks and robotaxis	$1.03B	Khosla Ventures, Uber & 27 others	69/100
8th	Nikola Motor 2015, Phoenix (United States), Public	Developer of electric trucks	$760M	Bosch, CNH Industrial & 35 others	68/100
9th	Harbinger Motors 2021, Gardena (United States), Series C	Manufacturer of medium duty electric and hybrid commercial vehicle platforms	$363M	Capricorn, Thor Industries & 23 others	66/100
10th	Kodiak Robotics 2018, Palo Alto (United States), Public	Developer of AI-powered ground autonomy solutions for trucking, defense, industrial	$165M	Aliya, Walleye & 16 others	66/100
25th	DeepWay 2002, Beijing (China), Series B	Manufacturer of electric heavy trucks and related intelligent driving systems	$282M	Greater Bay Area Homeland Investments, BOCOM International ... & 14 others	56/100