# Niutron

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

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Changzhou, China
- Website: www.niutron.com
- Total disclosed funding: $500M
- Latest round: Series A (Dec 15, 2021)
- Investors on record: 2

## About

Established in 2018 and based in Jiangsu, China, Niutron is an automobile manufacturing company focuses on the research and development of new energy vehicles. The company is headquartered in Beijing, Shanghai has set up a R&D center, and the R&D and intelligent manufacturing base is located in Changzhou. By 2023, the core R&D team of this company is close to 1,000 people. In 2023, the company changed its name from Jiangsu Niu Innovation Energy Technology Co., Ltd. to Jiangsu Martian Stone Technology Co., Ltd.

The company main business is research, development, production and sales of new energy vehicles include BEV (Battery Electric Vehicle) and EREV (Extended-Range Electric Vehicle). The company self developed the Gemini twin platform. The first product NV based on this platform is positioned as a mid-to-large SUV.

## Funding rounds

- Series A, Dec 15, 2021, $500M — IDG Capital, Coatue Management

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series A