DeepWay, a developer of intelligent new energy heavy-duty trucks and smart freight solutions, has closed the second tranche of its Pre-IPO financing, bringing the total raised in the Pre-IPO phase to $310 million ahead of a planned IPO.
The latest tranche was led by Stone Venture, with participation from NGS Super and Xiamen Guosheng Fund, while existing investors including ABC Impact and Nanjing Ronghe Venture Capital increased their investment.
The proceeds will support the company’s core operations, continued technology development, and global business expansion. [Read more…] about DeepWay raises $310 million in pre-IPO funding to scale electric and autonomous trucking