Weltmeister Overview
- Year Founded
-
2012
- Status
-
Private
- Employees
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3,952
- Latest Deal Type
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Bankr. Admin/Reorg
Weltmeister General Information
Description
Developer of electric vehicles (EV) designed for clients who want green commuting. The company manufactures and develops energy-conserving electric vehicles in addition to intelligent data hardware, providing customers with alternative affordable EV options.
Contact Information
Website
www.wm-motor.comCorporate Office
- WM Motor Building, Building 1, China Construction Jinxiu Tiandi
- Number 666 Huiheng Road, Qingpu District
- Shanghai
- China
Corporate Office
- WM Motor Building, Building 1, China Construction Jinxiu Tiandi
- Number 666 Huiheng Road, Qingpu District
- Shanghai
- China
Weltmeister Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 14. Bankruptcy: Admin/Reorg | 07-Oct-2023 | Completed | Bankruptcy: Admin/Reorg | |||
| 13. Merger/Acquisition | 07-Oct-2023 | Cancelled | Generating Revenue | |||
| 12. Reverse Merger | 11-Sep-2023 | Cancelled | Generating Revenue | |||
| 11. IPO | 05-Dec-2022 | Cancelled | Generating Revenue | |||
| 10. Debt - General | 09-Feb-2021 | Completed | Generating Revenue | |||
| 9. Later Stage VC (Series D) | 09-Sep-2020 | Completed | Generating Revenue | |||
| 8. Later Stage VC (Series C1) | 07-Mar-2019 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series C) | 22-Oct-2018 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series BBB) | 26-Mar-2018 | $31.6M | $376M | Completed | Generating Revenue | |
| 5. Later Stage VC (Series BB) | 07-Feb-2018 | $69M | $344M | Completed | Generating Revenue |
Weltmeister Comparisons
Industry
Financing
Details
Weltmeister Competitors (14)
One of Weltmeister’s 14 competitors is Rimac Group, a Private Equity-Backed company based in Sveta Nedelja, Croatia.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Rimac Group | Private Equity-Backed | Sveta Nedelja, Croatia | ||||
| Rivian Automotive | Formerly VC-backed | Irvine, CA | ||||
| Nio | Formerly VC-backed | Shanghai, China | ||||
| Li Auto | Formerly VC-backed | Beijing, China | ||||
| Qoros Automotive | Corporate Backed or Acquired | Shanghai, China |
Weltmeister Signals
Weltmeister Investments & Acquisitions (8)
Weltmeister’s most recent deal was a Merger/Acquisition with WM Motor Sichuan. The deal was made on 26-Aug-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| WM Motor Sichuan | 26-Aug-2022 | Merger/Acquisition | Automotive | ||
| Joint Venture (Enel X / Weltmeister) | 30-Dec-2020 | Joint Venture | Other Commercial Services | ||
| Jinkai Hongda Car Rental | 25-Sep-2019 | Merger/Acquisition | Automotive | ||
| Hello (Other Transportation) | 16-Jan-2018 | Later Stage VC | Automotive | ||
| Deeprove | 01-Aug-2017 | Early Stage VC | Application Software |
Weltmeister Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Dalian Huanghai | Dalian, China | 2009 |
Weltmeister FAQs
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When was Weltmeister founded?
Weltmeister was founded in 2012.
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Where is Weltmeister headquartered?
Weltmeister is headquartered in Shanghai, China.
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What is the size of Weltmeister?
Weltmeister has 3,952 total employees.
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What industry is Weltmeister in?
Weltmeister’s primary industry is Automotive.
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Is Weltmeister a private or public company?
Weltmeister is a Private company.
-
What is Weltmeister’s current revenue?
The current revenue for Weltmeister is .
-
How much funding has Weltmeister raised over time?
Weltmeister has raised $2.66B.
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Who are Weltmeister’s competitors?
Rimac Group, Rivian Automotive, Nio, Li Auto, and Qoros Automotive are some of the 14 competitors of Weltmeister.
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