- Companies
- Didi Woya
Didi Woya Valuation, Funding & Investors
Didi Woya is valued at $5B as of October 2025.
Last Didi Woya valuation
$5B
Series D · Oct 2025
Last Didi Woya funding round
$280M
Series D · Oct 2025
Cumulative funding Didi Woya raised
$1.5B
across 5 funding rounds
Key investors in Didi Woya
Guangzhou Automobile Group
DiDi
IDG Capital
SoftBank Group
CPE
CCB International
About Didi Woya
Didi Woya is a Beijing-headquartered autonomous driving unit of Didi Chuxing focused on robotaxi development. The division deploys self-driving vehicles equipped with 360-degree sensors, machine learning, and IoT for ridesharing tests in China. Didi Woya advances commercialization of Level 4 autonomy for efficient urban transport.
Founded
2020
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Usage-based
Valuation
$5B (Oct 2025)
Didi Woya Valuation
Didi Woya is currently valued at $5B, based on its Series D in October 2025.
The $280M round included Guangzhou Automobile Group, Beijing Artificial Intelligence Industry Investment Fund, Grower Venture Capital, Beijing Information Industry Development Investment Fund, Zhongguancun Science City Science and 1 other investor.
Didi Woya's valuation has moved from $6B at its Series A in January 2021 to $5B in October 2025, across 2 priced rounds.
Didi Woya valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Oct 2025 | Series D | $5B |
| Jan 2021 | Series A | $6B |
Didi Woya Funding History
Didi Woya has raised a total of $1.5B across 5 funding rounds.
Didi Woya's first fundraising round was a $500M seed round in May 2020. The most recent completed round was a $280M Series D in October 2025.
Didi Woya funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2025 | Series D | Guangzhou Automobile Group; Beijing Artificial Intelligence Industry Investment Fund; Grower Venture Capital; Beijing Information Industry Development Investment Fund; Zhongguancun Science City Science; DiDi | $280M | $5B | - |
| Oct 2024 | Series C | Guangzhou Automobile Group (lead); DiDi | $298M | - | Shanghai Didi Woya Technology, the autonomous driving subsidiary of Didi Chuxing founded in 2019, develops hardware and software for self-driving vehicles, including Level 4 robotaxis in partnership with BAIC Group and mass-production plans with GAC Aion for driverless electric cars. The company completed a Series C funding round raising $298 million led by Guangzhou Automobile Group (GAC), with GAC injecting funds directly and via GAC Capital, aligning with their strategic partnership announced earlier in 2024 to co-develop L4 autonomous new energy vehicles through Andi Technology for commercial launch by 2025. Didi Woya has raised over $1.1 billion total from investors including IDG Capital, SoftBank Vision Fund, and multiple GAC investments since 2021. The company operates mixed-order dispatching in Beijing, Guangzhou, and Shanghai demonstration areas for over 1,500 days via its Huiju Port center. GAC's repeated investments underscore deep industrial collaboration, including forming Guangzhou Andi Technology in 2024 for L4 vehicle manufacturing. Didi Woya leverages Didi Chuxing's vast ride-hailing data (60 million daily orders) for AI training and commercialization. |
| Oct 2023 | Undisclosed stage | Guangzhou Automobile Group (lead) | $149M | - | In October 2023, GAC Group (through subsidiaries GAC Capital Co., Ltd. and Guangzhou Development District Investment Group Co., Ltd.) established a special fund investing up to $149 million in DiDi Autonomous Driving. This investment was intended to fuel research and development for autonomous vehicle technology and robotaxi services. At the time, DiDi Autonomous Driving was operating robotaxi services in select areas of Guangzhou and Shanghai with a reported 1,200 consecutive days of safe operation using a mixed dispatching model combining autonomous and human-driven vehicles. Two years later, in October 2025, DiDi Autonomous Driving announced a Series D round raising RMB 2 billion ($281 million), which included GAC Group among multiple investors. |
| Jan 2021 | Series A | Guangzhou Automobile Group (lead); IDG Capital (lead); CPE; Paulson & Co.; China Investment Corporation; CCB International; Russian Direct Investment Fund; Guotai Junan Intl Hldgs; GAC Capital | $300M | $6B | Didi Woya, the autonomous driving subsidiary of China's ride-hailing giant Didi Chuxing, completed a $300 million funding round in January 2021 led by Guangzhou Automobile Group (GAC) and IDG Capital. The round included contributions from GAC Group ($100 million), GAC Capital ($100 million), and other investors including the Russia-China Investment Fund, Guotai Junan International, and CCB International. Since its spinoff from Didi Chuxing in August 2019, the company had raised over $1.1 billion in total funding as of early 2021, following a $500 million Series A round from SoftBank Vision Fund in 2020. The company focuses on developing Level 4 autonomous driving technology and robotaxis, with partnerships announced in 2021 to produce driverless electric vehicles with GAC Aion and to develop autonomous robotaxi models with Beijing Automotive Industry Holding (BAIC). By April 2021, Didi Woya released a video demonstrating five consecutive hours of autonomous vehicle operation without human intervention. |
| May 2020 | Seed | SoftBank Group (lead); For Good Ventures | $500M | - | Didi Chuxing, China's leading ride-hailing company, completed a funding round exceeding $500 million for its autonomous driving subsidiary, Beijing Woya Technology Co., Ltd. (also referred to as Didi Woya or Woya), on May 29, 2020. The round was led by SoftBank Vision Fund 2, marking the first external funding for the unit since its spin-off as an independent company in August 2019 from Didi's three-year-old autonomous driving team established in 2016. The subsidiary is wholly owned by Shanghai DiDi Woya Technology Co., Ltd., with 90% held by Didi founder and CEO Cheng Wei and 10% by Didi CTO Zhang Bo; Zhang Bo serves as CEO of the autonomous unit, with Wei Junqing as CTO. The capital is designated for advancing R&D and testing of autonomous driving technology, deepening partnerships with auto industry players, deploying robotaxi services in select areas in China and abroad, and mass-producing autonomous vehicles. This investment positions Woya to leverage Didi's extensive ride-hailing data and infrastructure, including smart charging networks, fleet maintenance, and insurance for autonomous fleets, addressing safety concerns following prior incidents and aiming to improve efficiency amid driver shortages. At the time, Woya employed around 200 staff across China and U.S. offices and planned autonomous vehicle tests in Beijing. The round is described as China's largest single investment in the autonomous driving sector to date. Woya had been catching up in testing mileage, ranking eighth in Beijing in 2018 behind Baidu, through aggressive development and government promotion efforts. The funding comes amid strong investor interest in autonomous tech, with comparables like Waymo raising $2.5 billion plus $750 million earlier in 2020, and Pony.ai securing $462 million in February. SoftBank's Vision Fund 2, launched in 2019, faced fundraising challenges following losses from Fund 1 investments like WeWork. |
Who has invested in Didi Woya?
16 investors have backed Didi Woya across its funding rounds, including Guangzhou Automobile Group, DiDi, IDG Capital, SoftBank Group, CPE and CCB International.
Lead investors include Guangzhou Automobile Group, IDG Capital and SoftBank Group.
Didi Woya Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Jan 2021 | ||
| 2 | Participant | Oct 2024 | ||
| 1 | Participant | Jan 2021 | ||
| 1 | Participant | Oct 2025 | ||
| 1 | Participant | Jan 2021 | ||
| 1 | Participant | Jan 2021 | ||
| 1 | Participant | Jan 2021 | ||
| 1 | Lead | May 2020 | ||
| 1 | Lead | Jan 2021 | ||
| 1 | Participant | Jan 2021 | ||
| 1 | Participant | May 2020 | ||
| 1 | Participant | Jan 2021 | ||
| 1 | Participant | Jan 2021 | ||
This data is available for Pro users. Sign up to see all 16 Didi Woya investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialInvestments by Didi Woya
Didi Woya has invested in 1 company to date.
Latest investment by Didi Woya was on November 17th 2023. Didi Woya invested in Benewake in their $14M Strategic investment round.
Latest Investments by Didi Woya
| Description | Benewake is a Beijing-based manufacturer of solid-state LiDAR sensors including flash and 3D models for autonomous vehicles, drones, robotics, and smart traffic systems. After securing Series B2 funding in 2018 from investors like IDG Capital and Shunwei Capital, it exports certified products to Europe, America, and Asia-Pacific markets following its Audi Innovation Lab championship win. |
| HQ Country | |
| HQ City | Beijing |
| Deal Date | 17 Nov 2023 |
| Round | Strategic investment |
| Raised | $14M |
| Investors | - |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Didi Woya investments and their VC round multiples. Start Free Trial | |
Didi Woya Competitors
Didi Woya competitors include listed companies like Aurora Innovation, Cidi, Kodiak AI and Momenta Global, and private ones like Momenta and Avride.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $3M | ($786M) | $13B | 1040.1x | ||
| Private | $76M | - | $5B | - | ||
| Private | - | - | $2.8B | - | ||
| Publicly listed | $132M | ($155M) | $1.3B | 5.0x | ||
| Publicly listed | $4M | ($577M) | $768M | 98.7x | ||
| Publicly listed | $360M | ($502M) | $5B | - |
Didi Woya Public Comps
Didi Woya is still privately-owned, but its public comps include Momenta Global, UBtech Robotics, Avic (Chengdu) Uas, Ondas, Symbotic, Lyft, Mobileye, Infleqtion, Goto Gojek Tokopedia and China Aerospace Times.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $360M | ($502M) | 10.5x | - | (7.5x) | - | |||
| $298M | ($108M) | 16.6x | 9.5x | (45.7x) | (108.4x) | |||
| $450M | $19M | 8.6x | - | 202.0x | - | |||
| $51M | ($127M) | 57.8x | 7.4x | (23.0x) | (31.0x) | |||
| $2.2B | ($35M) | 2.0x | 1.6x | (128.5x) | 13.3x | |||
| $6.3B | $103M | 0.8x | 0.8x | 52.0x | 8.2x | |||
| $1.9B | $140M | 2.8x | 2.7x | 38.5x | 12.3x | |||
| $29M | ($52M) | 92.3x | 64.5x | (50.9x) | (60.0x) | |||
This data is available for Pro users. Sign up to see all Didi Woya competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Didi Woya
| When was Didi Woya founded? | Didi Woya was founded in 2020. |
| Where is Didi Woya headquartered? | Didi Woya is headquartered in Beijing, China. |
| Is Didi Woya publicly listed? | No, Didi Woya is a private, VC-backed company. |
| What is Didi Woya's valuation? | Didi Woya was last valued at $5B in its Series D in October 2025. |
| How much funding has Didi Woya raised? | Didi Woya has raised $1.5B across 5 funding rounds. |
| What was Didi Woya's last funding round? | Didi Woya's last funding round was a $280M Series D in October 2025. |
| Who are Didi Woya's investors? | Didi Woya's investors include Guangzhou Automobile Group, DiDi, CPE, Beijing Artificial Intelligence Industry Investment Fund, Paulson & Co., China Investment Corporation, CCB International, SoftBank Group, IDG Capital, Russian Direct Investment Fund and 6 others. |
| Which companies are comparable to Didi Woya? | Companies comparable to Didi Woya include Aurora Innovation, Momenta, Avride, Cidi, Kodiak AI and Momenta Global. |
| How many companies has Didi Woya invested in? | Didi Woya has invested in 1 company, including Benewake. |
| What was Didi Woya's last investment? | In November 2023, Didi Woya invested in Benewake's $14M strategic investment round. |
See companies similar to Didi Woya
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




