DeepRoute.ai raises more than USD 300M Series B at valuation above USD 1B
DeepRoute.ai completed a Series B totaling more than USD 300 million; contemporaneous reporting said the autonomous-driving company was valued at more than USD 1 billion.
Why it matters
The company completed a private financing with source-backed terms.
Evidence notes
- Alibaba Group led the Series B, with Jeneration Capital joining existing investors Fosun RZ Capital, Yunqi Partners and Glory Ventures.
- DeepRoute.ai described the completed financing as totaling more than $300 million.
- Separate contemporaneous reporting placed the valuation above $1 billion without specifying a pre-money or post-money basis.
Company context
DeepRoute.ai develops production autonomous-driving software for passenger vehicles and robotaxis. Its DeepRoute IO stack uses end-to-end learning, map-free navigation and vehicle-level integration to support assisted-driving programs today while extending toward driverless operation.