Baidu-backed DeepWay secures over US$117 million in Series A+ financing

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DeepWay has secured new funding that will primarily be allocated towards the production of their intelligent heavy-duty trucks and investment in advanced driving systems

DeepWay has secured over 1.2 billion Chinese yuan (approximately US$174 million) in funding after completing its A+ round financing of 770 million Chinese yuan, according to a report published by 36Kr on March 28.

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