# Baicycle

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/baicycle

- Industry: Transportation Services
- Headquarters: Shenzhen, China
- Latest round: Series A (Apr 11, 2017)
- Investors on record: 4

## About

Established in 2016, and based in Shenzhen, China, Baicycle is a shared bicycle company. In April 2017, it closed a series A funding from Dingxiang Capital, Shunwei Capital Partners, Xiaomi Group, and Shangshi Fund.

Baicycle focuses on free riding with low-carbon. The company has started offering bicycles at university campuses and meet the commute needs of university students.

The company generates revenue by offering shared bicycles.

## Funding rounds

- Series A, Apr 11, 2017 — Shunwei Capital, Shangshi Fund, Dingxiang Capital, Xiaomi Group

## Investors

- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series A
- Shangshi Fund (https://capitalatlas.ai/funds/shangshi-fund) — Series A
- Dingxiang Capital — Series A
- Xiaomi Group — Series A