CATL Leads DeepCtrls Series B+ With Aramco Ventures Backing

M&A · PartnershipProduct / Tech
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Summary · why it matters

DeepCtrls recently completed a new Series B+ financing round led by CATL, with strategic investment from Aramco Ventures and participation from Taiping Innovation Investment, GF Xinde Investment Management and Fosun Capital, while existing investors Source Code Capital and Forebright Capital increased their investments. The round is the third consecutive financing for the Physical AI company in the past two months. DeepCtrls, which has been accepted into the NVIDIA Inception Program, serves more than 390 leading enterprise customers worldwide and says it is one of the earliest companies globally to achieve industrial closed-loop control powered by Physical AI. CATL, a long-standing strategic customer of DeepCtrls, said the investment will deepen exploration across AI and new-energy applications, while Aramco Ventures said the investment reflects its conviction in the company's Physical AI technology and supports its international growth. Founder and CEO Li Hui said the next phase of AI will be defined by the ability to control complex systems in the real world, and that connecting computing and energy through Physical AI transforms energy systems from a constraint on AI growth into intelligent infrastructure.

Impact on stocks 3

Financials · 1 stocks
Robotics & Physical AI · 1 stocks
Others · 1 stocks

Theme Impact 1

Off-coverage companies 5

DeepCtrlsPrivate▲ Positive
Capitalrelevance

DeepCtrls completed a Series B+ round led by CATL with Aramco Ventures and other investors, its third financing in two months.

Aramco VenturesPrivate± Mixed
relevance

Forebright CapitalPrivate± Mixed
relevance

Source Code CapitalPrivate± Mixed
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Taiping Innovation InvestmentPrivate± Mixed
relevance

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