# DST Car

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dst-car

- Industry: Transportation Services
- Headquarters: Shenzhen, China
- Website: www.dstcar.com
- Total disclosed funding: $244M
- Latest round: Series E (Jul 9, 2024)
- Investors on record: 16

## About

Founded in 2015 and based in Shenzhen, China, Metro Car Rental (Shenzhen) Co., Ltd., trading under the name DST Car, operates as a vehicle services provider that offers new energy car rental service, charging service, and vehicle maintenance service for logistics companies. In 2016, the company launched an operational management system for new energy vehicles. In 2017, the company launched a mobile application for online car rental, charging, and navigation services. In 2021, the company closed its series C funding raising USD 100 million in total. In July 2024, the firm closed a series E+ funding.

DST Car operates as a shared operation service platform in the field of new energy logistics. It provides different types of new energy vehicles for rental including minivans, medium vans, large vans, trucks, and clod chain vans, etc. The company provides new energy logistics fleet leasing (long-term leasing, short-term leasing, and time-sharing leasing), sales, and operation support services for express logistics and city distribution enterprises.

The company generates revenue by providing digital operation services for new energy logistics vehicles, new energy vehicle leasing, and new energy logistics fleet leasing, sales and operation services.

## Funding rounds

- Series E, Jul 9, 2024 — Twin Towers Ventures
- Series E, Dec 11, 2023, $84M — Decarbonization Partners
- Series D, Jan 17, 2022 — China International Capital Corporation
- Series C, May 16, 2021 — Smart Ventures, Bojiang Capital Management Group, China Capital Management, MPC, Ingka Investments
- Series C, Jan 6, 2020 — Olympus Capital Investments, ITOCHU Technology Ventures, Jeneration Capital
- Series B, Jun 10, 2019, $70M — Idinvest Partners, Jeneration Capital, Far East Horizon
- Series B, Oct 29, 2018, $43M — Qiming Venture Partners, ITOCHU Technology Ventures, Bojiang Capital Management Group, MPC
- Series A, Mar 27, 2018, $47M — Qiming Venture Partners, Eastern Bell Capital, MPC, State Power Investment Corporation

## Investors

- Qiming Venture Partners (https://capitalatlas.ai/funds/qiming-venture-partners) — Series A, Series B
- Eastern Bell Capital — Series A
- MPC — Series A, Series B, Series C
- State Power Investment Corporation — Series A
- ITOCHU Technology Ventures (https://capitalatlas.ai/funds/itochu-technology-ventures) — Series B, Series C
- Bojiang Capital Management Group (https://capitalatlas.ai/funds/bojiang-capital-management-group) — Series B, Series C
- Idinvest Partners (https://capitalatlas.ai/funds/idinvest-partners) — Series B
- Jeneration Capital (https://capitalatlas.ai/funds/jeneration-capital) — Series B, Series C
- Far East Horizon — Series B
- Olympus Capital Investments (https://capitalatlas.ai/funds/olympus-capital-investments) — Series C
- Smart Ventures (https://capitalatlas.ai/funds/smart-ventures) — Series C
- China Capital Management (https://capitalatlas.ai/funds/china-capital-management) — Series C
- Ingka Investments — Series C
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series D
- Decarbonization Partners (https://capitalatlas.ai/funds/decarbonization-partners) — Series E
- Twin Towers Ventures (https://capitalatlas.ai/funds/twin-towers-ventures) — Series E