DeepRoute.ai Raises $300M in Total Funding
Summary
, a Shenzhen, China- and Fremont, Calif.-based international self-driving technology company committed to advancing urban logistics and robotaxis, closed a Series B funding round with the investment totaling to more than $300m USD. Previous investors Fosun RZ Capital, Yunqi Partners, and Glory Ventures also participated in the round. The company intends to use the funds to further research and development, scale automaker collaboration and fleet operation, and support the expansion of the team. Led by Maxwell Zhou, CEO, DeepRoute.ai is an international self-driving technology company committed to advancing urban logistics and robotaxis. The company’s long-term strategy includes developing medium duty trucks for urban logistics, improving transit for shipments and freight delivery.