Tech Company Financing Transactions
DeepRoute Funding Round
DeepRoute secured a $100 million Series C investment round on 11/5/2024. Investors included OEM and private investors.
Transaction Overview
Company Name
Announced On
11/5/2024
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Series C
Investors
OEM (Lead Investor)
Proceeds Purpose
The company intends to use the funds to enhance research and development in frontier end-to-end model DeepRoute IO, help scale global automakers' collaboration and explore future Robotaxi business, and support the recruitment of more AI-native talents.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Floor 7-8, Building C, Shenzhen-Hong Kong International Scie
Shenzhen, Guangdong, 518000
China
Shenzhen, Guangdong, 518000
China
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Founded in February 2019, DeepRoute.ai is a leading artificial intelligence company dedicated to the research, development and application of autonomous driving technology. As data accumulation and technology iterations continue, DeepRoute.ai aims to create general artificial intelligence in robots, bringing new productivity to humanity.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Maxwell Zhou
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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