Fastwheel logo — Pioneering the future of self-balancing electric unicycles w...

Fastwheel

Pioneering the future of self-balancing electric unicycles with unmatched innovation and patented technology

Founded 2012 Series A Total: $10.00M Manufacturing, Transportation +1

General Information

Company Name Fastwheel
Founded Year 2012
Industries Manufacturing, Transportation, Automotive
Funding Stage Series A
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About Fastwheel

Fastwheel is a pioneering force in the self-balancing electric unicycle industry, with a clear focus on innovation and patented technology. Established in 2012 in Shanghai, China, the company has dedicated itself to the research, development, production, and sales of self-balancing electric unicycles. With substantial investment in R&D over five years, Fastwheel has successfully perfected the core technology of self-balancing electric unicycles, securing numerous national patents in the process.

Fastwheel stands out as the sole global manufacturer with patented technology for both self-balancing two-wheeled and single-wheeled electric scooters. Notably, the company's achievements have been acknowledged by the prestigious CCTV program, solidifying its position as an industry leader in the self-balancing electric vehicle sector.

The most recent significant milestone for Fastwheel was the CNY10.00M Series A investment in February 2016, with 23Seed as the investing party. This infusion of capital has not only bolstered the company's financial standing but has also signaled a vote of confidence from the investor community in Fastwheel's innovative prowess and market potential.

Fastwheel's dedication to innovation, coupled with its strategic focus on patented technology, places it in a favorable light for potential investors seeking opportunities in the manufacturing and transportation industries. The company's steadfast commitment to pushing the boundaries of self-balancing electric unicycles provides a compelling proposition for those interested in backing pioneering technologies with significant market appeal.

Taxonomy: Self-balancing electric unicycle, Innovation, Patented technology, R&D investment, National patents, Electric scooters, Industry leader, Technology company, CCTV program, Shanghai Fastwheel, Intelligent technology, Pudong New District, Start-up, Investment opportunity

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 1
Investor
02 Feb 2016

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FAQ About Fastwheel

Pioneering the future of self-balancing electric unicycles with unmatched innovation and patented technology
Fastwheel was founded in 2012.
Fastwheel operates in the following industries: Manufacturing, Transportation, Automotive.
Fastwheel has completed 1 funding round, raising a total of $10.00M. The latest funding stage is Series A.
Top alternatives and competitors to Fastwheel include FELO, eWheels, Future Motion, TARFORM - Mobility of Tomorrow, MAGTEC/Magnetic Systems Technology Ltd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Fastwheel and FELO 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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