Fundz

DeepRoute.ai raised $100M in a Series C1 funding round led by OEM to enhance research and development in smart driving solutions and support recruitment of AI-native talents.

PRIVATENov 05, 2024

Amount Raised

$100 Million

Round Type

Series C

ShenzhenSoftwareArtificial Intelligenceinformation technology & services

Investors

Great Wall MotorOem

Description

DeepRoute.ai, an AI company specializing in smart driving solutions, secured $100M in Series C1 funding. The company will utilize the funds to advance their DeepRoute IO project and expand collaborations with global automakers.

Quick answer

DeepRoute.ai raised $100 Million in a Series C round, dated November 5, 2024. Investors: Great Wall Motor and Oem. DeepRoute.ai is based in Shenzhen, Guangdong, China.

How much did DeepRoute.ai raise?
DeepRoute.ai raised $100 Million in a Series C round on November 5, 2024.
Who invested in DeepRoute.ai?
Great Wall Motor and Oem are named as investors in this round.
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 an undisclosed amount on December 17, 2024.
  • Maisa raised $5M (Pre-Seed) on December 13, 2024.
  • Keychain raised $15M (Series A) on November 19, 2024.
  • Prime Artificial Intelligence raised $750K (Seed) on November 1, 2024.
  • Sierra Technologies raised $175M (Funding Round) on October 29, 2024.
  • Strella raised $4M (Seed) on October 15, 2024.

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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