# Mavel

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

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Beijing, China
- Total disclosed funding: $14M
- Latest round: Series A (Jan 9, 2025)
- Investors on record: 3

## About

Based in Beijing, China, and established in 2020, Mavel is an automobile part company that provides electric drive systems for new energy vehicles. Its brand Mavelis was originally from Italy, which R&D of the electric motor in 1999. Its team members are from automobile corporations, such as Land Rover, Mercedes-Benz, and  BMW. It has cooperated with Energica, Norton, and Nio Limited. In August 2023, it received orders from Nio Limited about the automobile parts project developed. In January 2025, Mavel raised over CNY 100 million in series A++ funding.

The company provides electric drive systems for new energy vehicles. The electric drive systems include drive motors, motor controllers and transmission systems. It uses patented technologies such as magnetic mixing technology, continuous flat wire with closed slots and cooling methods. 

The company generates revenue by providing electric drive systems for new energy vehicles.

The company will use the funds to promote mass production of core technologies for new energy vehicles, global layout, technological innovation and market expansion.

## Funding rounds

- Series A, Jan 9, 2025, $14M — E-Town International Industrial Investment
- Series A, Aug 10, 2023 — NIO Capital, Jiadao Private Capital

## Investors

- NIO Capital (https://capitalatlas.ai/funds/nio-capital) — Series A
- Jiadao Private Capital — Series A
- E-Town International Industrial Investment (https://capitalatlas.ai/funds/e-town-international-industrial-investment) — Series A