DeepRoute.ai
元戎启行
DeepRoute.ai (元戎启行) is a Chinese intelligent-driving company founded and led by CEO Maxwell Zhou (周光), backed by Yunqi Capital since its angel round in 2019 . It made its name as one of China's first AI firms to put an end-to-end model into production cars, shipping urban NOA solutions without reliance on high-definition maps ; in November 2024 it raised a $100 million Series C1 from a domestic automaker . The story since has been scale: 200,000 cumulative production-car deliveries within a year of mass production and nearly 40% third-party market share in October 2025, per Yunqi Capital's reporting , riding on its new VLA-model platform DeepRoute IO 2.0, which had five designated production projects at its August 2025 launch . It's also a close NVIDIA partner — among the first in China to receive Thor chips — works with Great Wall Motor on the CP Master assisted-driving system , and said in late 2025 it would launch Robotaxi service on consumer production cars , with a Hong Kong IPO reportedly in preparation as of April 2025 .
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Coverage
Vol.19 Scaling Isn't Just About Stacking Data: Three Embodied AI Founders on World Models, Talent, and Real-World Deployment
PHYMI Closes Nearly $100 Million Seed Round to Bring Physical Agents into Open, Dynamic Real-World Environments | Yunqi Partners
Building a Physical Agent for the Open, Dynamic, Real World
Yunqi Capital Quarterly Q2 | In the Height of Summer, the Future Takes on More Concrete Shapes
A Quick Update on Yunqi Capital
Vol.17 48-Hour Xiaohongshu Hackathon Hit: How an AI Native Product Broke the 'Retention Curse'
Vol.16 Tsinghua Entrepreneur-Scientist Huazhe Xu: From Intelligent "Hatching" to Home Embodiment, Stubbornly Chasing Originality in the AI Wave
Yunqi Capital Ranks Top 4 in ChinaVenture Honors: Grounded in AI's Core Narrative, Envisioning a New Era of Technology | Yunqi Bulletin
Building a Bright Future Through Technology and Innovation
Yunqi Capital Portfolio Company Manycore Tech Lists on Hong Kong Stock Exchange: From First Institutional Investment to the IPO Bell
13 Years Alongside a Peer, Witnessing the Birth of "The World's First Spatial Intelligence Stock"
Yunqi Capital Quarterly Q1 | Keep Moving Forward, Answers Lie Ahead
A Quick Look at Yunqi Capital's Latest
Vol.15: The Post-'98 Founder Who Built a $20M Business in Two Years — On Building an AI That Talks Back | A Conversation with Kicker's Founder
GTC Recap: When "Everything Can Be Tokenized," Who's Defining AI's Body and Memory | Yunqi Capital
Let's talk about something beyond tokens.
Yunqi Capital's Back-to-Work Special: 17 "AI Moments" From the Lunar New Year at a Tech VC Firm
We co-created an AI watch.
Yunqi Capital | DeepRoute Maintains Top-Tier Position in China's Autonomous Driving Sector, Mass Production Deliveries Continue Surging
2026 "Target" of One Million Units in Mass Production
Congratulations to Yunqi Capital portfolio company *MiniMax* on its successful listing on the Hong Kong Stock Exchange! | Yunqi Capital
Never Stop Moving, Witnessing Growth
Moving Forward Together! Chen Yu Promoted to Managing Partner at Yunqi Capital | Yunqi Team
Marching forward side by side, continuing to rise.
Congratulations to JD Industrials on Its Successful Hong Kong Stock Exchange Listing | Yunqi Capital
Technology-enabled, with a promising future ahead.
Chen Yu in Conversation with Ziwang, DeepRoute: AI in the Physical World — How to Tackle the Toughest Nuts to Crack | Yunqi Capital Doers
Bridging the Chasm from Virtual to Reality
DeepRoute's Real-World Road Test: When AI Learns to "Fear," the "Black Box" of Assisted Driving Is Opened | Yunqi Capital
When Cars Begin to Understand the World
Yunqi Capital Quarterly | Upward, the Consistent Answer
New Growth, New Gains
Yunqi Capital Leads Angel Round in DeepRoute.ai; One Year After Mass Production, 200,000 Units Delivered, Nearly 40% Market Share in October | Yunqi Capital
Monthly market share ranking in the industry's top tier
DeepRoute.ai's Guang Zhou: The More You Understand AI, the Less You Doubt VLA | Yunqi Capital Doers Series
In the technological leap of intelligent driving, **Yunqi Capital portfolio company DeepRoute.ai has always been "the first to eat the crab."** From mapless solutions to end-to-end models, and now to the VLA (Vision-Language-Action) architecture that it's first to put into production, the company has repeatedly positioned itself at the forefront of inflection points.
Yunqi Capital | Yuanrong Qixing Surpasses 30,000 Units in Mass Production Deliveries for September, Setting Another Record
How VLAs Are Pioneering a New Future for Driving
DeepRoute's Self-Developed VLA Goes Live, First Batch of Co-Developed Mass-Production Vehicles Coming Soon | Yunqi Capital
Entering the Era of "Defensive Driving"
Yunqi Family at WAIC: New Products, New Trends, New Connections — All in One Place | Yunqi Capital x World Artificial Intelligence Conference
Models Get Smarter, Agents Work Harder, Robots Stay Busier
WAIC Opens Today, Yunqi Capital Lineup Is Ready | Yunqi Capital x World Artificial Intelligence Conference
This schedule is worth bookmarking.
From Hedge Fund to AI Startup Frontlines: A Conversation with Du Zhiheng on Rebuilding the "Information Superhighway" for Agents | Yunqi Capital Attent!on Podcast
**The "last mile" of search engines is being rebuilt.**
Vol.09 How Should Search Engines Work in the Agent Era? A Conversation with Yu Chen and Zhiheng Du on AI "New Infrastructure"
Walking Through the Heat, Gathering Along the Way | Yunqi Capital Quarterly
Yunqi Capital Q2 Good News
Yunqi Capital | DeepRoute.ai x Volcano Engine, Partnering to Accelerate Agent Deployment in Vehicles
From Driving Machine to Intelligent Agent: The Evolution of the Car
Creating Agents with Agents? A Conversation with Yunqi Capital's Chen Yu and Creao AI's Cheng Kai on the New Agent Tech Ecosystem | Yunqi Attent!on Podcast
Manus and Genspark's rapid rise to prominence have made Agent one of the most anticipated AI application formats for the general public in 2025. Meanwhile, the Agent development ecosystem has entered a stage of stronger compatibility and easier deployment, driven by new frameworks such as MCP and Agent-to-Agent.
Vol.08 Creating Agents with Agents? A Chat with Yunqi Capital's Chen Yu and Creao AI's Kai Cheng on the New Agent Infra Ecosystem
Investing in people, hiring people too — we're looking for you | Yunqi AI Talent Call
Welcome to the chat.
Yunqi Capital Partners with Shanghai Jiao Tong University to Launch AI Angel Fund, Offering Full-Stack Support for Entrepreneurs
Safeguarding AI Innovation
Yunqi Capital Named to ChinaVenture's "Top 10 Best Early-Stage VC Firms in China" for Fifth Consecutive Year, Portfolio Companies Win Eight Honors | Yunqi Capital News
Moving forward together — thanks for the recognition.
Yunqi Capital Quarterly | Spring Winds Ask Nothing of the Traveler; We Chart Our Own Course
A Closer Look at Yunqi Capital's Recent Moves
Yunqi Capital Portfolio x GTC 2025: Spatial Intelligence, RoadAGI — What New Moves Are the Unicorns Pulling? | Yunqi Capital
Let AI Connect to the Physical World
Yunqi Capital's Back-to-Work Special: 2025 — Talking Confidence with Tech Founders and Partners
The Lunar New Year holiday just past was anything but quiet in the global tech world. DeepSeek — that "mysterious force from the East" — shattered the assumption that top-tier AI performance requires top-tier computing power, reshaping the global AI landscape through a series of technical innovations and planting a seed of confidence for the year of innovation ahead.
Five Embodied AI Entrepreneurs on Commercial Logic, Breaking Through Bottlenecks, and Differentiation Strategies | Yunqi Shiganpai
Chatting with Yunqi Capital, Astribot, Noematrix, Keenon Robotics, and RealMan Robotics
Wisdom Cultivates the New, Striding Forward on Ten Years | Yunqi Capital 2024 Investor Annual Meeting
Seize the present, embrace the future.
Pony.ai's Funding Story: Daydreams in a Winter Storm
The final exam is approaching.
Yunqi Capital | Angel-round project *DeepRoute* raises $100 million in Series C1, accelerating mass production of advanced intelligent driving
will also explore large-scale Robotaxi operations
Yunqi Capital Quarterly | We Are Stardust, Imagining the Universe
New Practices, New Breakthroughs, New Thinking for Summer and Fall
3 Yunqi Capital Portfolio Founders Named to *Fortune* "40 Under 40" China Business Elite List | Yunqi Capital News
Riding the Current with Innovators Beneath the Surface
Yunqi Capital Attent!on Podcast | Founders Up and Down the Supply Chain: From Embodiment to Intelligence, How Is AI "Awakening" Robots?
Let's Talk About the Messy Reality of Deployment and Application Bottlenecks
Vol.05 Has AI "Woken Up" the Robots? A Look at the Many Applications and Bottlenecks of Embodied Intelligence
Consensus Within Non-Consensus: A Conversation Among China's LLM Investors | Yunqi Tech π
New Wave, New Future
Yunqi Capital Spring-Summer Issue | In the Bright Season, Innovation Grows with Wanwu Capital
AGI Practice, Business Breakthroughs, and Reflections This Spring and Summer
Yunqi Capital | Beyond the "Top Tier": The New Forces in Intelligent Driving Lighting Up the Beijing Auto Show
Yunqi Capital, Renxin Technology, and Juefei Technology Appear at Beijing Auto Show
10 Yunqi Capital Portfolio Companies Named to Hurun Global Unicorn Index 2024 | Yunqi Capital News
Partnering with industry leaders to shape the future of technology.
DeepRoute.ai × NVIDIA GTC: End-to-end autonomous driving solution production cars on sale this year | Yunqi Capital
End-to-end models will be compatible with Thor — NVIDIA's next-generation autonomous driving chip set for mass production next year
Windrose Technology Closes Hundreds-of-Millions RMB Series B1 Round to Accelerate Mass Production and Delivery of New-Energy Heavy-Duty Trucks | Yunxun · Funding
Yunqi Capital led the Series A investment in the project
"Yitu Technology" Raises Tens of Millions in Angel Round Led by Yunqi Capital | Yunxun
Providing middleware solutions for the intelligent transformation of Chinese auto brands
Ten Notable AI + Tech Industry Developments to Watch | "Cloud Brief · Business Bulletin Board, Nov–Dec 2023"
Tracking the latest AI developments, with a focus on key information at the intersection of technology and industrial innovation
"Endless Watt" Raises Nearly RMB 150 Million in Angel Round, Redefining Smart EV Chargers | Yunqi Capital
Day 1 Going Global in Europe and America: Breaking Through Two Major Challenges — Efficiency and Intelligence
Accelerating the Global Expansion of Intelligent Driving Tech: Yunqi Capital's "Driver 3.0" Makes Its European Debut | Yunqi News
"China Solution" for Smart Mobility, Empowering Global Customers
Ten Notable Tech Industry Developments to Watch | "Cloud News · Business Bulletin Board 2023.8–9"
Key updates on technology and industrial innovation
"Cloud News · Business Chalkboard" — First Issue Now Live! Ten Tech Industry Developments Worth Watching
Ignite curiosity and seek answers this summer.
Windrose Technology has raised several hundred million yuan in a Series A round, with Yunqi Capital as co-lead investor | Yunqi Capital
Embracing a more economical, cleaner, and intelligent future for the logistics industry.
AGI in Practice, Innovation Breakthroughs, and Frontier Insights This Spring | Yunqi Capital Quarterly · Spring Issue
New thinking and new practice in AI from Yunqi Capital and its portfolio companies.
10 Yunqi Capital Portfolio Companies Named to *Hurun Global Unicorn Index* | Yunqi Capital News
Partnering with industry leaders to create greater value for society.
We Did It: The First Angel-Round Autonomous Driving Startup to Ditch HD Maps | Yunqi Tech π
A groundbreaking fully integrated active intelligent driving system, launching in the consumer market this year
High Tech, High Growth! 16 Yunqi Capital Portfolio Companies Earn 21 Accolades | Yunqi Capital News
Meeting Challenges Together, Making the Future's Trajectory More Within Reach
"Yunqi Capital" Partners with Tsinghua University to Build More Energy-Efficient Autonomous Vehicles | Yunqi Capital Tech π
Compared to human driving, energy consumption is reduced by 6.9%.
Surging delivery pressure: Neolix unmanned vehicles help Yunda Express maintain efficiency | Yunqi Tech π
Autonomous Vehicles Step In to Maintain Delivery Capacity
Yunqi Capital's Chen Yu Named to 2022 "F40 China Young Investors" List | Yunqi Capital News
Innovation is reshaping the present and defining the future.
"Neolix Autonomous Vehicles" Expands to Japan, Launching Driverless Delivery Services in Ishikari City | Yunqi Capital
Make Self-Driving Cars Go Global
