Tech startup DeepRoute raises $50 million to provide full-stack driving solution provider for L4 autonomous driving

The autonomous driving industry has shifted down recently. Chinese Investors seek for a solid business plan that could be landed rapidly. Enter DeepRoute (also known as Yuanxiao ), a provider of L4-class autopilot full stack solutions with an international background.

Today, DeepRoute, an L4 Full Stack Self-Driving System Provider startup, announced it has raised about $50 million in a fresh round of funding to research and develop the required sensors to decrease the costs and speed up the mass production. The round was led by Foshun RZ Capital, jointly by other investment organizations including GoldenSand Capital, Yunqi Partners, Ventech China and Green Pine Capital Partners.

Founded this year, DeepRoute core technology team includes graduates and PhDs graduated from internationally well-known universities, such as Tsinghua University, Peking University, University of Cambridge, Columbia University, Carnegie Mellon University. Our team also gathers scientific research talents who used to work at world-class technology companies, such as Google, Microsoft, Ford, Intel, General Motors, Cruise, Baidu, Huawei, Tencent. The working fields of our technicians cover the whole R&D chain of autonomous driving, including sensing, HD Map and location, planning and control, hardware system, infrastructure, simulator, cloud computing and storage.

DeepRoute is a full-stack autonomous driving solution provider focusing on L4 autonomous driving with an international background. Our research centers locate in Shenzhen, Beijing and Silicon Valley.

DeepRoute is a full-stack solution provider focusing on L4 autonomous driving with a global presence. The research centers are located in Shenzhen, Beijing and Silicon Valley. Our core technology team consists of graduates and PhD graduates of the top universities around the world, such as Tsinghua University, Peking University, University of Cambridge, Columbia University, Carnegie Mellon University. DeepRoute.ai also have talented schientific researchers who had worked at major technology companies, such as Google, Microsoft, Ford, Intel, General Motors, Cruise, Baidu, Huawei and Tencent. Our technicians manage the whole R&D chain of autonomous driving, including sensing, HD Map and location, planning and control, hardware system, infrastructure, simulator, cloud computing and storage.

DeepRoute is growing fast-paced. It has cooperated with one of the leading OEMs to provide Full-stack Self-Driving System, and also collaborated with other automobile manufacturer to provide self-driving operation fleet.

DeepRoute will support vehicle platooning technology to leading OEMs, and also provide self-driving robo-taxi service during exhibition events.