# Shenzhen Sunto Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shenzhen-sunto-technology-co

- Industry: Consumer Products
- Headquarters: Shenzhen, China
- Website: www.exwayboard.com
- Total disclosed funding: $6.3M
- Latest round: Series A (Apr 14, 2022)
- Investors on record: 1

## About

Established in 2016 and based in Shenzhen, China, Shenzhen Sunto Technology Co., Ltd. is a manufacturing company that focuses on the research, development and sale of intelligent electric skateboards. As of 2022, the Exway service network covers more than 50 countries and 200 cities worldwide, serving more than 50,000 active players. 2019 saw Exway sales approach 40 million, and by March 2021, Exway had sold a cumulative total of 100,000 electric skateboards. In April 2022, Shenzhen Sunto Technology Co., Ltd. raised CNY 40 million in series A funding from new investor.

The company's main business is research, development and manufacture vehicles for short-distance travel, and provide users with the EXWAY series of electric skateboard products. The company self-developed electric skateboard products include Exway X1 Max, Exway Atlas Carbon-4WD, Exway Atlas Carbon-2WD, Exway Flex and Exway Wave.

## Funding rounds

- Series A, Apr 14, 2022, $6.3M — Hong Shan

## Investors

- Hong Shan — Series A