Crobike

Industrial MachineryAngelShanghai, Chinacrobike.cn

Latest round

Angel

Last raised

Jan 2017

Total raised

$0.4M

Investors

1

About Crobike

Founded in 2016, Crobike designs and sells innovative cycling products. The company has not undergone any significant strategic pivots. It is headquartered in Shanghai, China.Crobike is primarily focused on the development and provision of innovative cycling products designed to enhance the overall cycling experience. Their core offerings include high-performance bicycles, accessories, and smart cycling technology that integrates with mobile applications to provide real-time data and analytics for cyclists. These products aim to address various end-use cases such as performance tracking, safety, and convenience for both recreational and professional cyclists.Crobike generates revenue through a structured transaction model that emphasizes direct-to-consumer sales as well as partnerships with retailers and wholesalers. The company’s flagship products, which may include proprietary bicycle models and smart accessories, are typically sold at competitive pricing that reflects their quality and technological integration. Revenue is generated through single purchase transactions, as well as potential subscription models for access to premium features within their mobile applications.Crobike's strategy for future growth includes the design and launch of new cycling products aimed at enhancing user experience, slated for release in the upcoming years. The company is targeting expansion into markets across Europe and North America by 2025.

Who invested in Crobike

1 investor across 1 round

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Funding rounds

  1. Angel

    Jan 11, 2017

    Amount

    $0.4M

    Investors

    Locked

Questions about Crobike

Who invested in Crobike?

Crobike has 1 investor 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 Crobike raised?

Crobike has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Crobike last raise money?

Crobike's most recent round on record is a Angel, in Jan 2017.

What does Crobike do?

Founded in 2016, Crobike designs and sells innovative cycling products.

Where is Crobike headquartered?

Crobike is headquartered in Shanghai, China.

Which VCs invest in companies like Crobike?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back industrial machinery companies at Crobike's stage. Their profiles are linked below.

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