Quick Takeaways
- Deepal secures over CNY 6.1 billion in Series C funding to accelerate its new-energy vehicle roadmap in China.
- Strategic backing from Changan Auto and state-linked investors reinforces confidence in Deepal’s EV technology and long-term growth.
On December 25, Deepal Series C financing reached a major milestone as Deepal Technology Co., Ltd. successfully closed a funding round totaling CNY 6.122 billion. The transaction strengthens Deepal’s financial base as it advances product development and long-term growth plans in China’s fast-evolving new-energy vehicle landscape.
Deepal Series C Financing Attracts Strategic Automotive Backers
The Deepal Series C financing round was jointly supported by leading automotive and financial stakeholders, including Chongqing Changan Automobile Co., Ltd., Chongqing Yufu Holding Group Co., Ltd., and CMB Financial Asset Investment Co., Ltd.. The participation of these investors highlights strong confidence in Deepal’s technology roadmap and its alignment with China’s electrification strategy.
Changan Auto Leads Capital and Asset Contribution
Within the Deepal Series C financing, Changan Auto emerged as the largest contributor, investing CNY 3.122 billion, accounting for roughly 51.0 percent of the total round. This investment combined cash and strategic non-cash assets, reflecting deeper operational collaboration between the two companies.
Key components of Changan Auto’s contribution included:
This structure underscores how capital and intellectual property were jointly leveraged to support Deepal’s expansion.
Additional Investments Strengthen Financial Structure
Beyond Changan Auto, other investors added further depth to the Deepal Series C financing. Yufu Holding committed CNY 2.5 billion, representing about 12.1 percent of the round, while CMB Financial Asset Investment contributed CNY 500 million, or approximately 2.4 percent. Both investments were made using the firms’ own funds, reinforcing the long-term strategic nature of their participation.
Together, these contributions provide Deepal with enhanced financial stability, greater access to industrial resources, and increased flexibility to accelerate vehicle programs and technology development.
Deepal Series C Financing Attracts Strategic Automotive Backers
The Deepal Series C financing round was jointly supported by leading automotive and financial stakeholders, including Chongqing Changan Automobile Co., Ltd., Chongqing Yufu Holding Group Co., Ltd., and CMB Financial Asset Investment Co., Ltd.. The participation of these investors highlights strong confidence in Deepal’s technology roadmap and its alignment with China’s electrification strategy.
Changan Auto Leads Capital and Asset Contribution
Within the Deepal Series C financing, Changan Auto emerged as the largest contributor, investing CNY 3.122 billion, accounting for roughly 51.0 percent of the total round. This investment combined cash and strategic non-cash assets, reflecting deeper operational collaboration between the two companies.
Key components of Changan Auto’s contribution included:
- Cash investment of CNY 2.079 billion from self-owned funds
- Intangible assets valued at CNY 1.043 billion
- Patent rights covering the Deepal S05 and G318 vehicle models
This structure underscores how capital and intellectual property were jointly leveraged to support Deepal’s expansion.
Additional Investments Strengthen Financial Structure
Beyond Changan Auto, other investors added further depth to the Deepal Series C financing. Yufu Holding committed CNY 2.5 billion, representing about 12.1 percent of the round, while CMB Financial Asset Investment contributed CNY 500 million, or approximately 2.4 percent. Both investments were made using the firms’ own funds, reinforcing the long-term strategic nature of their participation.
Together, these contributions provide Deepal with enhanced financial stability, greater access to industrial resources, and increased flexibility to accelerate vehicle programs and technology development.
Industry reports & Public disclosures | GAI Analysis
Click above to visit the official source.
Share: