What is DEEPAL?
DEEPAL is positioned as a premium electric vehicle (EV) brand, emphasizing intelligent and sustainable mobility solutions. The company, a subsidiary of the established automotive giant Changan Automobile, aims to deliver advanced EV technology, distinctive design, and forward-thinking driving experiences. DEEPAL's market presence includes regions like Singapore, where it offers next-generation electric SUVs and comprehensive mobility services, signaling a commitment to global expansion and innovation in the automotive industry.
How much funding has DEEPAL raised?
DEEPAL has raised a total of $2.1B across 3 funding rounds:
Series A
$408M
Series B
$785M
Series C
$871M
Series A (2020): $408M, investors not publicly disclosed
Series B (2022): $785M, investors not publicly disclosed
Series C (2025): $871M supported by China Merchants Bank
Key Investors in DEEPAL
China Merchants Bank
China Merchants Bank, a prominent financial institution, likely provided significant debt or equity financing, supporting DEEPAL's large-scale automotive manufacturing and expansion initiatives.
What's next for DEEPAL?
With substantial enterprise-level funding and a recent strategic investment, DEEPAL is poised for accelerated growth and technological advancement. The company's trajectory suggests a focus on scaling production, enhancing its intelligent driving systems, and expanding its market reach. This significant backing from major financial entities and strategic partners will likely fuel further research and development into next-generation EV platforms and sustainable mobility solutions, solidifying DEEPAL's competitive edge in the global automotive landscape.
See full DEEPAL company page
