China Intelligent Electric Truck Startup DeepWay Raised $167 Million (CNY 1.17 Billion) in Pre-IPO Funding after Filing for Hong Kong IPO in 2025 November, Founded in 2020 in Joint Venture by Baidu & Lionbridge Financial Leasing Alongside Founder & CEO Wan Jun, Investors Include Zhongan Capital, Puhua Capital, CCB Trust, CGTI Fund, Hefei Industry Investment Capital, Feixi Industry Investment Holdings, Shandong Weiqiao Pioneering, SB China Venture Capital, Qiming Venture Partners, ABC Impact, Sunwoda, Qianhai Haotian, Hantang Real Estate, Linyi Guoke, Changxing Chuangqiang Fund, Shandong State-Owned Capital Investment Holding, Legend Capital, Greater Bay Area Fund, Guangyue Investment & HongShan Capital

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more

Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2026 Investment Day | 2026 Family Office Summits | Family Office Circle

This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $30 billion.

---

China Intelligent Electric Truck Startup DeepWay Raised $167 Million (CNY 1.17 Billion) in Pre-IPO Funding after Filing for Hong Kong IPO in 2025 November, Founded in 2020 in Joint Venture by Baidu & Lionbridge Financial Leasing Alongside Founder & CEO Wan Jun, Investors Include Zhongan Capital, Puhua Capital, CCB Trust, CGTI Fund, Hefei Industry Investment Capital, Feixi Industry Investment Holdings, Shandong Weiqiao Pioneering, SB China Venture Capital, Qiming Venture Partners, ABC Impact, Sunwoda, Qianhai Haotian, Hantang Real Estate, Linyi Guoke, Changxing Chuangqiang Fund, Shandong State-Owned Capital Investment Holding, Legend Capital, Greater Bay Area Fund, Guangyue Investment & HongShan Capital

26th January | Hong Kong

China intelligent electric truck startup DeepWay has raised $167 million (CNY 1.17 billion) in pre-IPO funding after filing for Hong Kong IPO in 2025 November.  DeepWay was founded in 2020 in a joint venture by Baidu & Lionbridge Financial Leasing alongside founder & CEO Wan Jun.  In 2024 December, DeepWay raised $102 million (CNY 750 million) in Series B funding.  DeepWay – DeepWay, jointly created by Baidu and Lionbridge, is China’s first emerging truck force that adopted fully forward-designed and realized mass production.  As a leading enterprise among “emerging truck force”, DeepWay’s first product, DeepWay Star, is China’s first fully forward-designed intelligent new energy heavy-duty truck. The vehicle boasts technical advantages such as an integrated battery and chassis layout, distributed electric drive axles, ultra-low wind resistance, lightweight design, and intelligent cockpit connectivity, all of which are independently developed and researched. These features further reduce the vehicle’s energy consumption to 130 kWh per 100 kilometers. Additionally, DeepWay has obtained sole authorization from Baidu’s autonomous driving technology in the commercial vehicle sector, enabling mass-produced vehicles to possess high-level assisted driving capabilities.  Since mass production, over 1,500 vehicles have been delivered, providing logistics and transportation services for numerous renowned enterprises, including CATL, Mengniu Dairy, and SF Express, demonstrating DeepWay’s strong competitiveness.

“ China Intelligent Electric Truck Startup DeepWay Raised $167 Million (CNY 1.17 Billion) in Pre-IPO Funding after Filing for Hong Kong IPO in 2025 November, Founded in 2020 in Joint Venture by Baidu & Lionbridge Financial Leasing Alongside Founder & CEO Wan Jun, Investors Include Zhongan Capital, Puhua Capital, CCB Trust, CGTI Fund, Hefei Industry Investment Capital, Feixi Industry Investment Holdings, Shandong Weiqiao Pioneering, SB China Venture Capital, Qiming Venture Partners, ABC Impact, Sunwoda, Qianhai Haotian, Hantang Real Estate, Linyi Guoke, Changxing Chuangqiang Fund, Shandong State-Owned Capital Investment Holding, Legend Capital, Greater Bay Area Fund, Guangyue Investment & HongShan Capital “

- Article continues below -

Quick Links, Ads & Announcements
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2026 Investment Day | 2026 Family Office Summits | Family Office Circle

Intelligence at your fingertips
Get Started ($29 per year) : Click here
Caproasia Subscription ($680 yearly | $70 monthly): Click here

The 2026 Investment Day
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, April, July, Sept, Oct & Nov.
Visit | Register here

The 2026 Family Office Summit
9th / 16th April & 15th Oct Hong Kong Ritz Carlton | 23rd / 30th April & 5th Nov Singapore Amara Sanctuary Resort
Join 60 single family offices & family office professionals in Hong Kong & Singapore
Links: 2026 Family Office Summit | Register here

2026 Investment / Alternatives Summit
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here

2026 Private Wealth Summit
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit.  Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here

China Intelligent Electric Truck Startup DeepWay Raised $102 Million (CNY 750 Million) in Series B Funding, Investors Include Zhongan Capital, Puhua Capital, CCB Trust, CGTI Fund, Hefei Industry Investment Capital, Feixi Industry Investment Holdings, Shandong Weiqiao Pioneering, SB China Venture Capital, Qiming Venture Partners, Founded in 2020 in Joint Venture by Baidu & Lionbridge Financial Leasing Alongside Founder & CEO Wan Jun

27th December 2024 – China intelligent electric truck startup DeepWay has raised $102 million (CNY 750 million) in Series B funding.  DeepWay investors include Zhongan Capital, Puhua Capital, CCB Trust, CGTI Fund, Hefei Industry Investment Capital, Feixi Industry Investment Holdings, Shandong Weiqiao Pioneering, SB China Venture Capital, Qiming Venture Partners.  DeepWay was founded in 2020 in a joint venture by Baidu & Lionbridge Financial Leasing alongside founder & CEO Wan Jun.  

Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.

Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more.  List hard-to-find financial & private wealth services.

Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at [email protected] or [email protected]

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?

Quick Links

Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2026 Investment Day | 2026 Family Office Summits | Family Office Circle

Web links may be disabled on mobile for security.
Please click on desktop.

---

New to Caproasia
Learn More | Sign Up | Subscribe | Register Events

Caproasia Users

• Manage $20 million to $30 billion of assets
• Invest $3 million to $300 million
• Advise institutions, billionaires, UHNWs & HNWs

Caproasia Platforms | 11,000 Investors & Advisors

• Caproasia.com
• Caproasia Access
• Caproasia Events
• The Financial Centre | Find Services
• Membership
• Family Office Circle
• Professional Investor Circle
• Investor Relations Network

Monthly Roundtable & Networking

• Professional Investor
• Family Office
• HNW Partnership

Family Office Programs

• Family Office Circle
• Family Office Networking
• Family Office Roundtable
• The Family Office Summit

The 2026 Investment Day

• March - Hong Kong
• March - Singapore
• April - Hong Kong
• April - Singapore
• July - Hong Kong
• July - Singapore
• Sept- Hong Kong
• Sept - Singapore
• Oct- Hong Kong
• Nov - Singapore
• Visit: The Investment Day | Register: Click here

Caproasia Summits

• The Institutional Investor Summit
• The Investment / Alternatives Summit
• The Private Wealth Summit
• The Family Office Summit
• The CEO & Entrepreneur Summit
• The Capital Markets Summit
• The ESG / Sustainable Investment Summit

Contact Us

For Enquiries, Membership
[email protected], [email protected]

For Listing, Subscription
[email protected], [email protected]

For Press Release, send to:
[email protected]

For Events & Webinars
[email protected]

For Media Kit, Advertising, Sponsorships, Partnerships
[email protected]

For Research, Data, Surveys, Reports
[email protected]

For General Enquiries
[email protected]

---

Caproasia | Driving the future of Asia
a financial information technology co.
since 2014

---