VELOTRIC closes about RMB 200 million Series C funding round
Overview
E-bike brand VELOTRIC has closed a Series C round of about RMB 200 million, according to Leiphone (雷峰网).
Guowei Equity (国寿股权) led the investment, Amber Capital (琥珀资本) followed, and existing shareholders added capital.
Leiphone reports the funds support new product lines. VELOTRIC is developing exoskeletons and low-speed community cars, with launches expected next year.
Written by AI from the articles below · updated Nov 6, 12:28 AM ET
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- LeiphoneNewsVELOTRIC 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. The company is developing exoskeletons and low-speed community cars, with launches expected next year.
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