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AVATR logo — Powering Your Human Powers

AVATR

Powering Your Human Powers

Founded 2018 Germany Germany 237 employees Series B Total: $5.55B Automotive

General Information

Company Name AVATR
Founded Year 2018
Location Germany Germany +1
Employees 237
Industries Automotive
Funding Stage Series B
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About AVATR

AVATR is an innovative player in the Automotive industry, established in 2018 with headquarters in Germany. The company's slogan, "Powering Your Human Powers," reflects its mission to advance humanized mobility technologies, providing an emotionally intelligent experience and aspiring to build a high-end smart electric vehicle (SEV) global brand.

Leveraging its strategic alliances with prominent partners like Changan Automobile, Huawei, and CATL, AVATR is enhancing its capabilities in vehicle research and development, intelligent mobility solutions, and smart energy ecosystems. Through the establishment of the CHN platform, the company targets the development of intelligent connected electric vehicles, harnessing a comprehensive tech and resource network.

The company recently raised a substantial CNY3.00 billion in a Series B funding round completed on 31 August 2023. This influx of capital came from a consortium of investors, including Changan Automobile Design Center Europe s.r.l, Chongqing Industry Investment Fund, Southern Industrial Asset Management, Liangjiang Ziben, Bank of Communications, and Guangkai Holdings. These investments are set to propel AVATR's ambitions to cement its status in the global automotive landscape.

Taxonomy: Humanized Mobility Technologies, Emotional Intelligent Experience, Smart Electric Vehicle, SEV Global Brand, Vehicle R&D, Intelligent Mobility Solutions, Smart Energy Ecosystems, Connected Electric Vehicles, Intelligent Connected Vehicles, High-end EV, Changan Automobile, Huawei, CATL, Technology Integration, Transport Innovation

Services & Products

Design and production of luxury intelligent vehicles
Development of electric vehicle platforms
Integration of smart driving and mobility solutions
Provision of high-performance and rapid charging battery solutions
Offering of limited edition and customized vehicle experiences
After-sales and customer support services

Target Customers

Luxury vehicle consumers Technology enthusiasts Environmental-conscious consumers High-net-worth individuals Automotive enthusiasts seeking unique and limited edition models

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 6
Investor
•••• •••• 		31 Aug 2023
Series A •••••• 4
Investor Investor
•••• •••• 		03 Aug 2022

AVATR Alternatives & Competitors

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AVATR vs
Zhejiang RAP Intelligent Vehicle Co.,Ltd
Zhejiang RAP Intelligent Vehicle Co.,Ltd China

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AVATR vs
Qrisco Motors
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AVATR vs
Bordrin Motors
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FAQ About AVATR

Powering Your Human Powers
AVATR was founded in 2018.
AVATR is headquartered in Germany.
AVATR operates in the following industries: Automotive.
AVATR has approximately 237 employees.
AVATR has completed 2 funding rounds, raising a total of $5.55B. The latest funding stage is Series B.
AVATR offers: Design and production of luxury intelligent vehicles, Development of electric vehicle platforms, Integration of smart driving and mobility solutions, Provision of high-performance and rapid charging battery solutions, Offering of limited edition and customized vehicle experiences, After-sales and customer support services.
Top alternatives and competitors to AVATR include Zhejiang RAP Intelligent Vehicle Co.,Ltd, Qrisco Motors , Bordrin Motors, Meshcrafts, Human Horizons. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
AVATR and Zhejiang RAP Intelligent Vehicle Co.,Ltd are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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