DeepDrive

DeepDrive is a high-tech company based in Munich, Germany, with a groundbreaking approach to electric vehicle drive units. Their patented Dual Rotor motor topology not only facilitates high-volume EVs with over 800 km of range but also presents the potential to save automakers more than €1 billion in costs at scale. This innovative technology also has the capacity to significantly reduce carbon emissions, potentially saving multiple gigatonnes of CO2 over the lifespan of the EV fleet. With a versatile design, DeepDrive's technology can be seamlessly integrated into the wheels or utilized as a traditional central drive.

Backed by a team of experts with extensive experience in large-scale series production and supported by a distinguished line-up of investors including Leitmotif, BMW i Ventures, Continental's Corporate Venture Capital Unit, UVC Partners, and Bayern Kapital, DeepDrive stands as a pivotal player in the electric mobility sector. Notable individual investors in the company include Dr. Peter Mertens, former board member and CTO of Audi and Volvo, and Jonas Rieke, COO of Personio, a top start-up executive.

Founded in 2021, DeepDrive operates within the Robotics and Automotive industries and recently secured a significant €30.00M Series B investment on 19 September 2024, with backing from BMW i Ventures, UVC Partners, Bayern Kapital, Leitmotif, and co-pace.