Deepway

Hefei, China · Founded 2020 · In IPO Registration

Developer and manufacturer of smart vehicles designed to offer intelligent driving solutions for the truck freight market. Deepway is based in Hefei, China and was founded in 2020. Its last reported valuation was $748 million in Dec 2023. It has raised $495 million.

Last reported valuation
$748.0M
Oct 2026
Priced at
—
Total raised
$494.7M
Last round
—

Deepway key facts

as of Oct 2026
  • Developer and manufacturer of smart vehicles designed to offer intelligent driving solutions for the truck freight market.
  • Deepway is valued at approximately $748.0M as of Oct 2026 (last reported valuation).
  • It has raised $494.7M; the latest was IPO in Nov 2025.
  • Notable investors include Qiming Venture Partners, Puhua Capital, Hefei Industry Investment Group, Lenovo Capital and Incubator Group, Anhui Zhongan Capital — 22 tracked in total.
  • Status: In IPO Registration.
Last reported valuation
LOW confidence
$748.0M

Deepway's last reported valuation, Dec 2023. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Deepway funding rounds

No rounds on record

No funding rounds for Deepway are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Deepway valuation

Deepway's last reported valuation was $748 million in Dec 2023. No priced round, secondary trade or fund mark has surfaced since.

Deepway investors

About Deepway

Developer and manufacturer of smart vehicles designed to offer intelligent driving solutions for the truck freight market. The company offers heavy-duty trucks that have low wind resistance bodies, high-level intelligent driving, and distributed drive systems with a modular design based on the same platform of hydrogen and electricity, enabling the logistics industry to avail smart freight systems.

Sector
Business Products and Services (B2B)
HQ
Hefei, China
Founded
2020
Ownership
In IPO Registration

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