Velotric Bike Overview
- Year Founded
-
2020

- Status
-
Private
- Latest Deal Type
-
Early Stage VC
- Latest Deal Amount
-
$1.43M
- Investors
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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
Website
www.velotricbike.comCorporate Office
- Room 901, Lvjing Meijing Plaza, No. 4088, Qiaoxiang Road, Gaofa Community
- Shahe Street, Nanshan District
- Shenzhen, Guangdong 518000
- China
Corporate Office
- Room 901, Lvjing Meijing Plaza, No. 4088, Qiaoxiang Road, Gaofa Community
- Shahe Street, Nanshan District
- Shenzhen, Guangdong 518000
- China
Velotric Bike Timeline
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 |
Velotric Bike Comparisons
Industry
Financing
Details
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 |
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 |
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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