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VELOTRIC raises about RMB 200 million in Series C funding for new product lines

AIE-bike brand VELOTRIC has closed a Series C round of about RMB 200 million, according to Leiphone. State-owned Guowei Equity invested, with Amber Capital following and existing shareholders adding capital.

AIWhy it matters.

The article ties the Series C to a two-product-line bet, explaining why an e-bike maker is moving into exoskeletons and golf cars.

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Leiphone · leiphone.comPublished · added here

Original title: 解读丨融资 2 亿,这家 E-bike 公司凭什么押注户外新品类