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Chinese Self-Driving Car Startup Deeproute Raises Usd300 Million Led By Alibaba

PRIVATESep 14, 2021

Amount Raised

$300 Million

Round Type

Funding Round

ShenzhenSoftwareArtificial Intelligenceinformation technology & services

Description

Chinese autonomous driving firm DeepRoute has secured USD300 million in Series B financing led by e-commerce giant Alibaba Group Holding which will go towards bringing its RoboTaxi and RoboVan to market.

Quick answer

DeepRoute.ai raised $300 Million in a Funding Round round, dated September 14, 2021. DeepRoute.ai is based in Shenzhen, Guangdong, China.

How much did DeepRoute.ai raise?
DeepRoute.ai raised $300 Million in a Funding Round round on September 14, 2021.
What does DeepRoute.ai do?
DeepRoute.ai is an artificial intelligence company dedicated to the research, development, and application of smart driving solutions.
Where is DeepRoute.ai based and how big is it?
DeepRoute.ai is based in Shenzhen, Guangdong, China. Fundz records about 110 employees.
Who are the decision-makers at DeepRoute.ai?
Fundz holds 2 contacts at DeepRoute.ai. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in information technology & services and Software around the same time

Companies in the same sectors as DeepRoute.ai that raised within 45 days of this round, from Fundz verified event records.

  • Databricks raised $1.6B on September 15, 2021.
  • paid raised $15M (Series B) on August 26, 2021.
  • People.ai raised $100M (Funding Round) on August 11, 2021.
  • BrainBox AI raised an undisclosed amount (Series A) on October 28, 2021.
  • Extend raised $40M (Funding Round) on October 27, 2021.
  • CompanyCam raised $30M on October 27, 2021.

Who to call at DeepRoute.ai, and when

A new round usually means DeepRoute.ai is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day DeepRoute.ai raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at DeepRoute.ai, from your own LinkedIn network

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Company Information

Company

DeepRoute.ai

Location

46535 Fremont Blvd

Shenzhen, Guangdong, China

About

DeepRoute.ai is an artificial intelligence company dedicated to the research, development, and application of smart driving solutions. It is the first to develop production-ready smart driving solutions and a pioneer in deploying end-to-end architecture. The company's mission is to create artificial general intelligence in robotics through mass-produced passenger vehicles. Founded in 2019, DeepRoute.ai has made significant advancements in mapfree technology and autonomous driving.

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DeepRoute.ai raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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