HomeChinaDeepRoute.ai Raises Major Series C1 Funding

DeepRoute.ai Raises Major Series C1 Funding

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Series models integrated with DeepRoute IO set to release in 2024
Series models integrated with DeepRoute IO set to release in 2024

DeepRoute.ai, Shenzhen, a China-based artificial intelligence company specializing in developing smart driving solutions, raised $100M in Series C1 funding.

The round was led by OEM.

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.

Led by CEO Maxwell Zhou, DeepRoute.ai is an artificial intelligence company dedicated to the research, development and application of smart driving solutions. It is a pioneer in deploying end-to-end architecture to create artificial general intelligence in robotics through mass-produced passenger vehicles.

Since August, approximately 20,000 vehicles integrated with DeepRoute IO have been delivered to customers. The company plans to release more than 10 additional series models in collaboration with selective OEM clients next year and develop the next generation DeepRoute IO, utilizing visual-language-action model, set to launch next year.

The company has offices in Beijing and Fremont, California.

FinSMEs

05/11/2024

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