Velotric Bike Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Private

  • Latest Deal Type
  • Early Stage VC

  • Latest Deal Amount
  • $1.43M

  • Investors
  • 9

Velotric Bike General Information

Description

Manufacturer of electric bicycles intended to create a lifestyle with a smaller carbon footprint. The company provides electric bicycles with a removable battery, free shipping delivery and a two-year warranty for bike frames, motors, batteries and controllers for all purchased units, enabling consumers to get EVs and move closer to sustainability and the environment by reducing harmful emissions.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Room 901, Lvjing Meijing Plaza, No. 4088, Qiaoxiang Road, Gaofa Community
  • Shahe Street, Nanshan District
  • Shenzhen, Guangdong 518000
  • China
+86 185
Primary Industry
Automotive
Vertical(s)
CleanTech, LOHAS & Wellness, Manufacturing, Climate Tech
Corporate Office
  • Room 901, Lvjing Meijing Plaza, No. 4088, Qiaoxiang Road, Gaofa Community
  • Shahe Street, Nanshan District
  • Shenzhen, Guangdong 518000
  • China
+86 185

Velotric Bike Timeline

2022202320242025
Financing Round

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Velotric Bike Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Early Stage VC 04-Jun-2023 $1.43M Completed Generating Revenue
4. Early Stage VC 05-Dec-2022 Completed Generating Revenue
3. Early Stage VC 30-Nov-2022 Completed Generating Revenue
2. Early Stage VC (Series B) 28-Jan-2022 Completed Generating Revenue
1. Product Crowdfunding 21-Dec-2021 $517K Completed Generating Revenue
To view Velotric Bike’s complete valuation and funding history, request access »

Velotric Bike Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of electric bicycles intended to create a lifestyle with a smaller carbon footprint. The company provides e
Automotive
Shenzhen, China

Seattle, WA
 

New York, NY
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Velotric Bike Competitors (7)

One of Velotric Bike’s 7 competitors is Evelo, a Venture Capital-Backed company based in Seattle, WA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Evelo Venture Capital-Backed Seattle, WA
ShareRoller Angel-Backed New York, NY
Ather (Automotive) Venture Capital-Backed Bengaluru, India
Ampler Formerly VC-backed Tallinn, Estonia
Urban Arrow Corporate Backed or Acquired Amsterdam, Netherlands
You’re viewing 5 of 7 competitors. Get the full list »

Velotric Bike Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
Fosun RZ Capital Venture Capital Minority
Guangdian Capital Venture Capital Minority
IMO Ventures Venture Capital Minority
Redpoint China Ventures Venture Capital Minority
Toby Sun Angel (individual) Minority
You’re viewing 5 of 9 investors. Get the full list »

Velotric Bike FAQs

  • When was Velotric Bike founded?

    Velotric Bike was founded in 2020.

  • Where is Velotric Bike headquartered?

    Velotric Bike is headquartered in Shenzhen, China.

  • What industry is Velotric Bike in?

    Velotric Bike’s primary industry is Automotive.

  • Is Velotric Bike a private or public company?

    Velotric Bike is a Private company.

  • What is Velotric Bike’s current revenue?

    The current revenue for Velotric Bike is .

  • How much funding has Velotric Bike raised over time?

    Velotric Bike has raised $8.42M.

  • Who are Velotric Bike’s investors?

    Fosun RZ Capital, Guangdian Capital, IMO Ventures, Redpoint China Ventures, and Toby Sun are 5 of 9 investors who have invested in Velotric Bike.

  • Who are Velotric Bike’s competitors?

    Evelo, ShareRoller, Ather (Automotive), Ampler, and Urban Arrow are some of the 7 competitors of Velotric Bike.

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