DeepWay Completes Over $310M Pre-IPO Funding Round Led by UAE's Stone Capital

Gate News message, April 21 — DeepWay, an autonomous driving and robotic freight company, has raised over $310 million in its Pre-IPO funding round, according to recent announcements. The round was led by Stone Capital, a UAE-based investment firm, with participation from NGS Super, a prominent Australian pension fund, and Xiamen Guosheng Fund.

Existing investors ABC Impact, an Asia-focused impact private equity fund, and Nanjing Ronghuo Venture Capital also increased their stakes in this round. The funds will be allocated toward advancing DeepWay's autonomous driving technology development and accelerating the global commercialization of its robotic freight solutions.