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Recently, DeepWay received another substantial capital injection in its Pre-IPO round financing, raising a cumulative total of over US$310 million. This marks the largest single-round financing in the heavy-duty truck autonomous driving industry in the past five years. This round of financing was led by Emirates Stone Capital from the UAE, with participation from renowned Australian pension fund NGS Super and Xiamen Guosheng Fund. Existing shareholders, Asian impact private equity fund ABC Impact and Nanjing Ronghe Venture Capital, also continued to increase their investments. The funds raised will be primarily used to advance the research and development of DeepWay's autonomous driving technology and to accelerate the global commercialization of its autonomous freight robots.
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