SpeedX Cycling
Latest round
- Series A
Last raised
- Jul 2015
Total raised
- $9.2M
Investors
- 2
About SpeedX Cycling
SpeedX Cycling specializes in premium bicycles and cycling gear, focusing on innovative designs that enhance performance and comfort for cyclists of all levels.Founded in 2014 in Beijing, China, SpeedX Cycling is dedicated to producing high-quality bicycles and cycling equipment. The company was initially established by Gang Li, JianLiang Li, and Jiayang Gao.com specializes in the sale of premium bicycles and cycling equipment, tailored to meet the needs of both recreational and competitive cyclists. Their core product offerings include a range of bicycles equipped with advanced engineering features, designed for optimal performance and comfort. The company aims to solve common issues faced by cyclists, such as durability, efficiency, and user comfort, thereby enhancing the overall cycling experience.com targets a diverse customer base, including individual cyclists, sporting goods retailers, and cycling enthusiasts globally, with a focus on markets in North America and Europe.com generates revenue through direct-to-consumer sales and partnerships with retail outlets. The company operates a transactional structure that allows customers to purchase bicycles and associated equipment directly from their website or through authorized dealers. Clients benefit from a streamlined purchasing process, which includes options for customizing their bike specifications to suit individual preferences. This structure supports recurring revenue through potential follow-up purchases of accessories and maintenance services, which are essential for maintaining optimal bike performance. The company is targeting additional growth in North America and Europe, aiming to introduce innovative bicycle models that address the evolving needs of cyclists by the end of 2018.
Who invested in SpeedX Cycling
2 investors across 2 rounds
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Questions about SpeedX Cycling
Who invested in SpeedX Cycling?
SpeedX Cycling has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has SpeedX Cycling raised?
SpeedX Cycling has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did SpeedX Cycling last raise money?
SpeedX Cycling's most recent round on record is a Series A, in Jul 2015.
What does SpeedX Cycling do?
SpeedX Cycling specializes in premium bicycles and cycling gear, focusing on innovative designs that enhance performance and comfort for cyclists of all levels.
Where is SpeedX Cycling headquartered?
SpeedX Cycling is headquartered in Beijing, China.
Which VCs invest in companies like SpeedX Cycling?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back consumer products companies at SpeedX Cycling's stage. Their profiles are linked below.
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