Velotric

Consumer ProductsSeries CShenzhen, Chinavelotricbike.com

Latest round

Series C

Last raised

Oct 2026

Total raised

$37M

Investors

7

About Velotric

Founded in 2020 and based in Shenzhen, China, Velotric operates as an electric bicycle brand, focusing on the manufacture of shared electric bicycles. The co-founders of the company worked at Lime and Didi Chuxing. The core members of the team are from Lime, Didi Chuxing, Jet and Decathlon. As for 2023, there are more than 30 employees in the company and Velotric has cooperated with approximately 200 offline distributors. Velotric has set up offices in cities such as Kunshan, Shenzhen and Los Angeles. The company has launched main products which are Discover 1, Thunder 1, and Nomad 1. Discover 1 is an all-around urban commuter e-bike, while Nomad 1 is a wide-tire e-bike for outdoor adventures. VELOTRIC also independently designed motor, controller and battery management system. The company generates revenue by providing shared electric bicycles and other related products.

Who invested in Velotric

7 investors across 4 rounds

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Funding rounds

  1. Series C

    Oct 15, 2026

    Amount

    $30M

    Investors

    Locked

  2. Series B

    Oct 16, 2025

    Amount

    Undisclosed

    Investors

    Locked

  3. Series A

    Jun 5, 2023

    Amount

    Undisclosed

    Investors

    Locked

  4. Series A

    Feb 23, 2023

    Amount

    $7.2M

    Investors

    Locked

Questions about Velotric

Who invested in Velotric?

Velotric has 7 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Velotric raised?

Velotric has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Velotric last raise money?

Velotric's most recent round on record is a Series C, in Oct 2026.

What does Velotric do?

Founded in 2020 and based in Shenzhen, China, Velotric operates as an electric bicycle brand, focusing on the manufacture of shared electric bicycles.

Where is Velotric headquartered?

Velotric is headquartered in Shenzhen, China.

Which VCs invest in companies like Velotric?

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 Velotric's stage. Their profiles are linked below.

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