70mai
Latest round
- Series A
Last raised
- Feb 2017
Total raised
- Undisclosed
Investors
- 2
About 70mai
Founded in 2016, 70mai is headquartered in Shanghai, China, and is dedicated to developing advanced automotive products. The company has engaged in two investment deals with its most recent deal occurring on September 12, 2019.70mai specializes in the development and manufacturing of advanced dashboard cameras (dash cams) designed to enhance vehicle safety and provide reliable recording of driving incidents. Their flagship product is the first-ever triple-channel dash cam featuring dual 4K front and rear recording capabilities, catering primarily to consumers who prioritize high-definition video capture for accident documentation and security. 70mai's product lineup includes the Dash Cam 4K A810, Dash Cam A410, and Dash Cam S500, among others, each offering varying features to address different user needs, such as ease of installation, video quality, and additional functionalities like omnidirectional recording.70mai generates revenue through direct-to-consumer sales of its dash cam products, alongside partnerships with retailers and online marketplaces. The company’s revenue model includes one-time purchases of its hardware products, which cater to a growing market of vehicle owners seeking enhanced safety and security measures. The pricing structure is aligned with the premium nature of its offerings, with flagship models like the Dash Cam 4K A810 expected to command higher prices due to their advanced features. Revenue is derived from both individual consumers purchasing directly through the company’s online store and wholesale agreements with retail partners who stock 70mai products. The company is exploring the launch of new dash cam models that incorporate advanced features to cater to evolving consumer demands. Additionally, 70mai aims to expand its reach into emerging markets across Southeast Asia and South America by 2025, enhancing its presence in regions with increasing automotive adoption.
Who invested in 70mai
2 investors across 1 round
See all investors in 70mai
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series A
Feb 24, 2017
Amount
Undisclosed
Investors
Questions about 70mai
Who invested in 70mai?
70mai has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has 70mai raised?
70mai has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did 70mai last raise money?
70mai's most recent round on record is a Series A, in Feb 2017.
What does 70mai do?
Founded in 2016, 70mai is headquartered in Shanghai, China, and is dedicated to developing advanced automotive products.
Where is 70mai headquartered?
70mai is headquartered in Shanghai, China.
Which VCs invest in companies like 70mai?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back automobiles, other vehicles & parts companies at 70mai's stage. Their profiles are linked below.
VCs backing automobiles, other vehicles & parts startups at Series A
Raising like 70mai? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.