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Velotric logo — Building A Better Ride.

Velotric

Building A Better Ride.

Founded 2021 40 employees Series A Total: $50.00M Transportation, Travel and Tourism

General Information

Company Name Velotric
Founded Year 2021
Employees 40
Industries Transportation, Travel and Tourism
Funding Stage Series A
Social

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About Velotric

Velotric is a transportation startup founded in 2020 with the slogan "Building A Better Ride." Their focus is on revitalizing the joy of biking through the creation of e-bikes. Their flagship technology, Velopower, is a proprietary drive system aiming to reignite the spontaneous spirit of adventure associated with bike riding. This innovation aims to remind people why they first learned to ride a bike: for the pure enjoyment of it. The potential for this technology has attracted attention, culminating in a recent Series A investment by Spotlight Capital Holdings on 05 June 2023. This injection of funding is likely to aid Velotric in further advancing their e-bike technology and extending their market reach.

Business keywords: e-bikes, premium bicycles, Velopower, exploration, adventure, spontaneous, joyful riding, fun, proprietary drive system, cycling, outdoor recreation

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A Undisclosed 1
Spotlight Capital Holdings
Spotlight Capital Holdings
05 Jun 2023
Series A CNY50.00M 2
Redpoint Ventures China Fosun RZ Capital
Redpoint Ventures China, Fosun RZ Capital
23 Feb 2023
Seed Round Undisclosed 2
Taihill Venture
Taihill Venture, Seas Capital
01 Jan 2022

Velotric Alternatives & Competitors

Velotric vs
Beeline
Beeline United Kingdom

Building better journeys for two wheels.

Equity Crowdfunding
21 employees
Hardware, Transportation
Compare Velotric vs Beeline

FAQ About Velotric

Building A Better Ride.
Velotric was founded in 2021.
Velotric operates in Transportation and Travel and Tourism. Its work centres on e-bikes, premium bicycles, Velopower and exploration.
Velotric has approximately 40 employees.
Velotric has completed 3 funding rounds, raising a total of $50.00M. The latest funding stage is Series A.
Top alternatives and competitors to Velotric include Beeline. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Velotric and Beeline 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.

Source: BounceWatch company record for Velotric, https://bouncewatch.com/company/velotric, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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