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DeepWay
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Developer of smart electric trucks

Founded in 2021
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector on-road vehicles

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters China China
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Updated by at on 01/14/2025

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IPO INFORMATION

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Date Investors Type Amount
12/26/2024 Zhongan Capital Management Zhongan Capital Management , Puhua Investment Puhua Investment , CBB Trust CBB Trust , CGTI Fund CGTI Fund , Hefei Industrial Investment Holdings Group Hefei Industrial Investment Holdings Group , Feixi Country Industry Investment Feixi Country Industry Investment (6)
Post-money valuation of
The funding will be used to accelerate DeepWay's research, development, and mass production of electric and smart technologies in Hefei and enhance the firm's layout in the key parts industry in Changxing, Zhejiang province, expanding its share in the smart new-energy heavy truck market
Series B $102,800,000
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