# TENWAYS

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

- Industry: Consumer Products
- Headquarters: Shenzhen, China
- Website: www.tenways.com
- Total disclosed funding: $44M
- Latest round: Series A (Jan 9, 2023)
- Investors on record: 6

## About

Founded in 2021 and based in Shenzhen, China, TENWAYS is a sports technology company that focuses on the research and development of e-bikes. The headquarters of the company is in the Netherlands. Its brand, design, and sales channel center are located in Europe. The company's R&D, operation, and supply chain center is located in Asia. In November 2023, TENWAYS raised strategic investment from new investors Lux Share and Hillhouse Capital Group.

The company's main products include E-bikeCGO600, CGO600 Pro, CGO800S, AGO T, and AGO X. It also offers battery, front carrier, power bank, mudguards, backpacks and stands. Its main market is developed countries in Europe and the United States. TENWAYS provides customer support and e-bike insurance services. Customers can buy the bikes through crowdfunding, independent websites, third-party platforms, and offline channels.

## Funding rounds

- Series A, Jan 9, 2023, $44M — L Catterton
- Series A, Nov 7, 2022 — Tencent Investment, Meridian Capital, Eastern Bell Capital, Cygnus Equity, GL Ventures

## Investors

- Tencent Investment — Series A
- Meridian Capital — Series A
- Eastern Bell Capital — Series A
- Cygnus Equity (https://capitalatlas.ai/funds/cygnus-equity) — Series A
- GL Ventures (https://capitalatlas.ai/funds/gl-ventures) — Series A
- L Catterton (https://capitalatlas.ai/funds/l-catterton) — Series A